The Ogaki Kyoritsu Bank, Ltd.
Notice Regarding Share Cancellation (Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
Resolved to cancel 550,000 common shares (1.31% of total issued shares) as treasury stock on March 31, 2026.
Key Figures
- Total Number of Shares to be Cancelled: 550,000 shares (1.31% of total issued shares)
- Scheduled Cancellation Date: March 31, 2026
- Total Issued Shares After Cancellation: 41,281,897 shares (including treasury stock)
AI要約
Overview of Capital Policy
Ogaki Kyoritsu Bank, Ltd. resolved at the Board of Directors meeting on March 25, 2026, to cancel treasury stock in accordance with Article 178 of the Companies Act. The shares subject to cancellation are 550,000 common shares, which represent 1.31% of the total issued shares before cancellation. The scheduled date for cancellation is March 31, 2026. As a result, the total number of issued shares after cancellation will be 41,281,897 shares (including treasury stock).
Impact on Shareholders
The cancellation of treasury stock will reduce the number of issued shares, which is expected to improve per-share value and enhance shareholder value. Although there are no specific details regarding the use of funds or objectives, the cancellation will have the effect of suppressing share dilution. The implementation date of the cancellation is March 31, 2026, and investors should be aware of share count changes from that date onwards.
