Quick to cancel 247,900 shares of treasury stock

Quick Co. (TSE:4318) announced today that its board of directors has resolved to cancel 247,900 shares of its own common stock, in accordance with Article 178 of the Companies Act. The shares represent approximately 1.3% of the company's total issued shares before cancellation. The cancellation is scheduled to take place on March 25, 2025. Following the cancellation, the total number of issued shares will be 18,850,676. This decision was made at a board meeting held earlier today. Quick's representatives for this announcement are Chairman and Representative Director Tsutomu Wano and Managing Director of the Management Headquarters and Accounting Manager Kenta Kijima.