Nippon Kayaku Decides to Cancel Treasury Shares on May 22

NIPPON KAYAKU CO.,LTD. [4272.T]

TOKYO, May 12 (Pulse News Wire) – Nippon Kayaku CO.,LTD. (4272.T) resolved at its board meeting held, to cancel treasury shares based on Article 178 of the Companies Act.

The decision follows the company's commitment to swiftly cancel treasury shares exceeding the outstanding share count since the policy was outlined in its March 28, 2025, announcement. The company plans to cancel a total of 11,300,000 shares, representing 7.06% of the outstanding shares prior to cancellation. The cancellation is scheduled for May 22, 2026.

Post-cancellation, the total number of outstanding shares will be 148,700,000. Additionally, the remaining treasury shares will stand at 197,116. These figures are calculated based on the outstanding shares and treasury shares as of March 31, 2026.

Furthermore, the cumulative number of treasury shares acquired since the resolution on March 28, 2025, includes 11,224,800 shares with a total acquisition cost of ¥16.20 billion.

Original Disclosure (PDF)

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