Improving capital efficiency and returning profits to shareholders through cancellation of treasury shares
First written in FY2019-Q2. 1 of 2 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2019-Q3.
77 other companies' latest entry also says "Achieved".
- FY2019-Q3AchievedAnnual report
「① Based on a resolution of the Board of Directors meeting held on 8 November 2018, the company cancelled 1,018,901 treasury shares effective 30 November 2018. ② Based on a resolution of the Board of Directors meeting held on 22 November 2018, the company cancelled 1,500,000 treasury shares effective 10 December 2018.」
The cancellation of 1,018,901 treasury shares resolved and scheduled in the previous quarter was carried out on 30 November 2018, followed by the cancellation of a further 1,500,000 shares on 10 December 2018. - FY2019-Q2First statedAnnual report
「Details of the cancellation of treasury shares: (1) Class of shares to be cancelled: the Company's common shares; (2) Number of shares to be cancelled: 1,018,901 shares (5.59% of the total number of issued shares before the cancellation); (3) Scheduled cancellation date: 30 November 2018; (4) Total number of issued shares after the cancellation: 17,200,000 shares」
The company disclosed a resolution to cancel 1,018,901 treasury shares on 30 November 2018 to improve capital efficiency and enhance shareholder returns in accordance with its basic capital policy.