Buffalo Inc. to cancel 650,000 treasury shares, boost shareholder value

Buffalo Inc. (TSE:6676) announced that its board of directors on October 14, 2025, resolved to cancel 650,000 common shares. This cancellation represents 5.08% of the total number of issued shares prior to the action, which is scheduled for October 31, 2025.

The strategic decision to cancel treasury shares is intended to dispel concerns regarding future dilution of shares and to improve the tradable share ratio, aligning with the company's flexible capital strategy. Following the cancellation, the total number of issued shares will be 12,150,000 shares.

As a result of this action, the number of treasury shares held by Buffalo Inc. after the cancellation will be reduced to 56,388 shares, calculated based on the number of treasury shares as of September 30, 2025. This move underscores the company's commitment to optimizing its capital structure and delivering value to its shareholders.