Nifco Inc.
Notice Regarding Cancellation of Treasury Shares
Assuming a stock split with consideration of the record date, 19,609,228 ordinary shares are planned to be cancelled. The total number of issued shares after cancellation will be 180,856,000 shares (figure reflecting the stock split).
Key Figures
- Number of shares to be cancelled: 19,609,228 shares
- Total number of issued shares after cancellation: 180,856,000 shares
- Number of shares to be cancelled without considering the stock split: 9,804,614 shares
AI要約
Key Points of the News
At the board of directors meeting held today, a resolution was passed to cancel treasury shares pursuant to Article 178 of the Companies Act. The target is ordinary shares, with the cancellation scheduled for 2026-10-07. The number of shares to be cancelled, assuming a stock split, is 19,609,228 shares, and the total number of issued shares after cancellation will be 180,856,000 shares (reflecting the stock split).
Impact on Shareholders and Future Actions
By conducting the cancellation that reflects the stock split, dilution is expected to be suppressed and the total number of issued shares is expected to decrease. Although the specific capital strategy objectives are not described in this document, the cancellation of treasury shares is likely intended to enhance shareholder value. Future disclosures should note that the application is specified for shareholders listed on the shareholder registry record date and the final shareholder registry.
Nifco Inc.
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