Oro to cancel 207,400 shares of treasury stock

Oro, a company listed on the Tokyo Stock Exchange (TSE:3983), has resolved to cancel 207,400 shares of its treasury stock. The decision was made at a board of directors meeting held today, April 15, 2025. The cancellation represents approximately 1.28% of the company’s total outstanding shares before the cancellation. The execution date for the cancellation is set for April 30, 2025. Following the cancellation, Oro's total number of issued shares, including treasury stock, will be 15,949,053 shares. This move aligns with Article 178 of the Companies Act and aims to improve shareholder value.