DCM Holdings to buy back fractional shares after Encho merger
DCM Holdings Co., Ltd. announced on September 11, 2025, a decision by its board of directors to repurchase treasury shares. This action addresses fractional shares—less than one full share—that arose from the company's share exchange with Encho Co., Ltd. effective September 1, 2025.
The repurchase is mandated by Articles 234, Paragraphs 4 and 5 of Japan’s Companies Act. DCM Holdings will acquire 161 shares of its common stock. The total amount delivered for this repurchase will be calculated by multiplying the 161 shares by the closing price of DCM Holdings' common stock on the Tokyo Stock Exchange on September 11, 2025.
Should there be no trading activity on the specified purchase date, the total amount will be determined by the first executed trade price on the Tokyo Stock Exchange thereafter, multiplied by the total number of shares to be repurchased. The purchase date is set for September 11, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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