Source disclosure: February 03, 2026
TIS Inc. [3626.T]
TOKYO, Feb 03 (Pulse News Wire) – TIS Inc. (3626.T) announced today that its board of directors, meeting on February 03, 2026, resolved to cancel shares based on Article 178 of the Companies Act.
The cancellation follows the acquisition of approximately ¥42.00 billion worth of treasury shares during the current term. Of the acquired shares, those equivalent to ¥7 billion will be retained according to the company's policy aimed at shareholder returns. However, shares equivalent to ¥35.00 billion were purchased to optimize capital structure and address concerns over future dilution. These shares will be canceled as planned.
The total number of shares to be canceled is 7,833,411 shares, representing 3.3% of the outstanding shares prior to cancellation. The cancellation is scheduled to take place on February 27, 2026. Post-cancellation, the total number of outstanding shares will be 228,400,000 and the remaining treasury shares will amount to 3,042,342, which represents 1.3% of the post-cancellation outstanding shares. This move aligns with TIS Inc.'s strategy to maintain optimal capital composition while addressing potential issues related to share dilution.
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