eGuarantee, Inc.
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock based on the provisions of Article 178 of the Companies Act)
E Guarantee Co., Ltd. announced its plan to cancel 2,643,433 common shares (5.51% of the total issued shares) on March 25, 2026.
Key Figures
- Total number of shares to be cancelled: 2,643,433 shares (5.51% of total issued shares before cancellation)
- Scheduled cancellation date: March 25, 2026
- Total issued shares after cancellation: 45,335,067 shares (estimated)
AI要約
Overview of Capital Policy
E Guarantee Co., Ltd. resolved at the Board of Directors meeting on February 27, 2026, to cancel treasury stock pursuant to Article 178 of the Companies Act. The shares subject to cancellation total 2,643,433 common shares, representing 5.51% of the total issued shares of 47,978,500 shares before cancellation. The scheduled cancellation date is March 25, 2026, and the total issued shares after cancellation are expected to be 45,335,067 shares. The cancellation of treasury stock aims to improve capital efficiency, although specific details regarding the use of funds are not provided.
Impact on Shareholders
The cancellation of treasury stock will reduce the number of issued shares, which is expected to enhance the value per share. After cancellation, the number of treasury shares will be 1,000,000 shares, representing 2.21% of the total issued shares. This is anticipated to mitigate shareholder dilution. There is no information provided regarding the impact on fundraising or dividend policy.
