Komori
M&A and Subsidiary Changes5016JX Advanced Metals CorporationIron and nonferrous metals

Notice Regarding the Purchase of Treasury Shares in Connection with the Handling of Fractional Shares Less Than One Share Resulting from a Share Exchange

The Company has decided to purchase 1,621 shares as treasury shares in respect of fractional shares of less than one share resulting from the share exchange carried out on 1 June 2026. The purchase price will be determined based on the closing price of the Company's common shares on the purchase date.

Worth reading
51Recurring
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1621
Shares
Wording
Conditional
How definitive the wording is.

This transaction

Purchase of Treasury Shares in Connection with the Treatment of Fractional Shares of Less Than One Share Resulting from a Share Exchange
Counterparty (target company)東邦チタニウム株式会社
Disclosing companyJX Advanced Metals Corporation
Subject of this transactionNumber of shares acquired 1,621 shares. Number of voting rights: Not disclosed
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceThe amount obtained by multiplying the total number of shares to be purchased (1,621 shares) by the closing price of the Company's common shares on the Tokyo Stock Exchange on the purchase date (26 June 2026)
Type of ConsiderationCash
This transaction
ItemDetails
Transaction namePurchase of Treasury Shares in Connection with the Treatment of Fractional Shares of Less Than One Share Resulting from a Share Exchange
Counterparty name東邦チタニウム株式会社
Name of the Subject Company東邦チタニウム株式会社
Acquisition priceThe amount obtained by multiplying the total number of shares to be purchased (1,621 shares) by the closing price of the Company's common shares on the Tokyo Stock Exchange on the purchase date (26 June 2026)
Type of ConsiderationCash
Number of shares acquired1,621 shares. Number of voting rights: Not disclosed
Date of board resolution26 June 2026
Execution Date / Effective Date1 June 2026 (the effective date of the share exchange). The purchase date for the treasury shares is 26 June 2026
Items this document does not state (24)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

As fractional shares of less than one share arose in the Company's shares allotted to shareholders of 東邦チタニウム株式会社 in connection with the share exchange, the Company will purchase them pursuant to Article 234, Paragraphs 4 and 5 of the Companies Act.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Purchase of Treasury Shares in Connection with the Handling of Fractional Shares Less Than One Share Resulting from a Share Exchange | JX Advanced Metals Corporation (5016) timely disclosure | Komori