TOKYO, May 29 (Pulse News Wire) – Kyowanissei CO.,LTD. (1981.T) canceled its treasury shares , according to a resolution made during the board meeting held on May 14, 2026.
The cancellation was based on the provisions of Article 178 of the Companies Act, which applies to shares repurchased under Article 156 of the same act. Kyowanssei canceled a total of 404,100 ordinary shares, representing 3.9% of the outstanding shares excluding treasury stock prior to cancellation. Following the cancellation, the total number of outstanding shares excluding treasury stock stands at 10,085,374. On May 14, 2026, the board also decided to acquire up to 500,000 ordinary shares, equivalent to 4.8% of the outstanding shares excluding treasury stock.
The acquisition would take place through ToSTNeT-3, the over-the-counter trading system operated by the Tokyo Stock Exchange, with a total value limit of May 29, 2026. The acquisition period was set for May 15, 2026. As part of the resolution, Kyowanssei acquired a total of 404,100 shares valued at ¥560.1 million. These shares were subsequently canceled , as per the board's decision.
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