Aeon Mall cancels treasury stock amid full acquisition by Aeon

Aeon Mall (TSE: 8905) announced today its board's approval to cancel its treasury stock, aligning with the planned share exchange agreement with Aeon Co., Ltd. The cancellation, scheduled for July 1, 2025, involves all treasury shares held by Aeon Mall as of the record date. This includes any shares acquired through the exercise of share purchase demands related to the share exchange. This move is part of Aeon's strategy to acquire all outstanding shares of Aeon Mall, turning it into a wholly-owned subsidiary. As of February 28, 2025, Aeon Mall held 4,896 shares in treasury, out of a total of 227,571,139 issued shares. The treasury stock cancellation is a necessary step for Aeon to proceed with the planned acquisition.