Sunnexta Group (8945) · InitiativeAdvanced
Improving Capital Efficiency and Increasing Shareholder Returns Through Treasury Share Cancellation
First written in FY2016. 1 of 3 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2022.
3entries
7years
0from disclosures
How it moved
Same theme, other companies
Reducing Shares Outstanding Through the Cancellation of Treasury SharesA theme 156 companies write about · 0 as a headwind · 161 as a tailwind
41 other companies' latest entry also says "Advanced".
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Showing 14 of the 156 companies compared. The sentences above are computed from all 156.Full recordFilings, disclosures and news, newest first
- FY2022AdvancedAnnual report
「Effective 30 June 2022, we cancelled 600,000 treasury shares. As a result, the total number of issued shares decreased by 600,000.」
The Company cancelled 600,000 treasury shares, reducing the total number of issued shares. - FY2017-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 10 August 2016, the Company cancelled 1,200,000 treasury shares effective 31 August 2016.」
The disclosure states that 1,200,000 treasury shares were cancelled effective 31 August 2016, indicating that the capital-efficiency initiative through the cancellation of treasury shares was completed. - FY2016First statedAnnual report
「The cancellation of treasury shares is being carried out to improve capital efficiency and increase shareholder value by reducing the total number of issued shares.」
On 31 August 2016, 1,200,000 treasury shares were cancelled, representing 19.04% of the total number of issued shares before the cancellation.