Komori
Treasury Stock3843FreeBit Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Acquisition and Cancellation of Class A Preferred Shares by a Consolidated Subsidiary

Consolidated subsidiary LERZ has decided to acquire 2,000 Class A preferred shares for approximately ¥2.24 billion and cancel all of the acquired shares. Both the acquisition and cancellation are scheduled for 31 July 2026.

Worth reading
64In focus
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
2239253918
¥
Wording
Conditional
How definitive the wording is.

Resolution on acquisition limit

Resolved 24 July 2026
Total acquisition price¥2,239,253,918
Reason for acquisition

The transaction will be carried out, among other objectives, to reduce the dividend burden on the Class A preferred shares, as the Group's steady performance has enabled it to maintain and improve its financial base and secure a clear funding outlook.

CancellationRetired shares are removed from the total number of issued shares and can never return to the market.
Number of shares to be retired2,000 shares
Scheduled retirement date31 July 2026 (planned)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredLERZ Co., Ltd. Class A preferred shares
Total acquisition price¥2,239,253,918
Reason for acquisitionThe transaction will be carried out, among other objectives, to reduce the dividend burden on the Class A preferred shares, as the Group's steady performance has enabled it to maintain and improve its financial base and secure a clear funding outlook.
Resolution date24 July 2026
Number of shares to be retired2,000 shares
Scheduled retirement date31 July 2026 (planned)
Items this document does not state (10)
Maximum number of shares to be acquiredPercentage of total issued sharesAcquisition periodMethod of acquisitionPercentage of total issued shares before retirementTotal number of issued shares after retirementCurrent number of treasury sharesTotal number of issued sharesChange in acquisition periodChange in acquisition limit

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The transaction will be carried out, among other objectives, to reduce the dividend burden on the Class A preferred shares, as the Group's steady performance has enabled it to maintain and improve its financial base and secure a clear funding outlook.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Acquisition and Cancellation of Class A Preferred Shares by a Consolidated Subsidiary | FreeBit Co.,Ltd. (3843) timely disclosure | Komori