Riso Kagaku : Notice Regarding the Retirement of Treasury Stock
May 17, 2023 at 02:20 am EDT
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May 9, 2023
Company name: RISO KAGAKU CORPORATION
Listing:
Tokyo Stock Exchange Prime Market
Stock code:
6413
Representative:
Akira Hayama, President & CEO
Inquiries:
Shoichi Ikejima, Director and General Manager of Corporate Headquarters
TEL: +81-3-5441-6611 (from overseas)
Notice Regarding the Retirement of Treasury Stock
RISO KAGAKU CORPORATION (the "Company") announced that, at a meeting of the Board of Directors held on May 9, 2023, a resolution was passed to retire treasury stock pursuant to Article 178 of the Companies Act, as follows.
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The Company had previously purchased and held treasury stock in order to implement a more agile capital policy in response to changes in the business environment, and to enhance returns to shareholders, but has made the decision to retire some of this stock.
1. Details of matters related to the retirement
Type of shares to be retired:
Number of shares to be retired:
(3) Scheduled date of retirement:
Common stock of the Company 4,000,000 shares
(10.00% of total shares issued before retirement) May 19, 2023
Total number of issued shares and treasury stock as of March 31, 2023
- Total number of issued shares:
40,000,000 shares
- Number of treasury stock:
6,598,364 shares
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Riso Kagaku Corporation published this content on 17 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2023 06:19:08 UTC.
RISO KAGAKU CORPORATION is a company mainly involved in the printer-related business. The Company operates in two business segments. The Printing Equipment segment is engaged in the development, manufacture and sale of printing equipment, such as ink jet printers, digital duplicators and digital screen maker. The Real Estate and Others segment is engaged in the real estate leasing and printing service.
RISO KAGAKU CORPORATION 