Fukuvi Chemical Industry Co.,Ltd.
Notice Regarding Resolution on Basic Policy for Holding and Cancellation of Treasury Stock
The company holds 1,477,783 shares of treasury stock against 20,688,425 issued shares, sets the treasury stock holding limit at 10% of issued shares, and will cancel any excess within the relevant fiscal year. The resolution establishes a holding and cancellation policy to enable agile capital policy execution.
Key Figures
- Issued Shares Outstanding: 20,688,425 shares
- Treasury Stock: 1,477,783 shares
- Treasury Stock as % of Issued Shares: 7.14%
AI要約
Capital Policy and Holding Status
The Company’s Board of Directors resolved the basic policy for holding and cancellation of treasury stock and set the treasury stock holding limit at 10% of issued shares. Excess shares will, in principle, be cancelled within the relevant fiscal year. The purpose of holding is to enable agile capital policy measures (M&A and capital alliances, stock incentives for directors and employees, etc.), and the Company will periodically review the holding status and necessity. For reference, as of October 31, 2026, the Company holds 1,477,783 shares of treasury stock out of 20,688,425 issued shares, representing 7.14%.
Future Impact and Implications for Shareholders
Setting a holding limit and cancelling excess shares as needed aims to mitigate dilution and optimize capital efficiency, enabling agile capital policy. The Company anticipates using treasury stock for M&A, capital alliances, and stock incentives for directors and employees, indicating an intent to balance shareholder returns with enhancing corporate value.
Fukuvi Chemical Industry Co.,Ltd.
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