SCSK Corporation
Notice Regarding Cancellation of Treasury Stock
SCSK Corporation plans to cancel 338,409 shares of treasury stock on March 13, 2026. The cancellation is conditional upon shareholder approval of the share consolidation proposal at the extraordinary general meeting scheduled for February 9, 2026.
Key Figures
- Total Number of Issued Shares (Including Treasury Stock): 313,125,263 shares
- Number of Treasury Shares: 338,409 shares (As of January 5, 2026)
- Scheduled Treasury Stock Cancellation Date: March 13, 2026
AI要約
Overview of Treasury Stock Cancellation
SCSK Corporation, pursuant to a resolution of the Board of Directors dated January 6, 2026, decided to cancel treasury stock in accordance with Article 178 of the Companies Act. The subject of cancellation is all treasury shares held by the company, scheduled for cancellation on March 13, 2026. The cancellation is conditional upon approval of the share consolidation proposal at the extraordinary general meeting of shareholders scheduled for February 9, 2026.
Impact on Shareholders and Future Outlook
The number of treasury shares to be cancelled is 338,409 shares, while the total number of issued shares including treasury stock is 313,125,263 shares. The cancellation of treasury stock will reduce the number of issued shares and is expected to prevent dilution of shareholder value. Following approval of the share consolidation proposal, the cancellation process will proceed formally.
