Globeride completes treasury share cancellation, reducing outstanding shares

Globeride, Inc. announced on November 28, 2025, the completion of its treasury share cancellation program, as resolved by the board of directors on November 10, 2025. This action was taken in accordance with Article 178 of the Companies Act.

The company cancelled 1,200,000 common shares, representing 5.2% of the total shares outstanding prior to the cancellation (excluding treasury shares). Following this transaction, the total number of shares outstanding (excluding treasury shares) for Globeride, Inc. now stands at 21,799,797 shares.

This move by Globeride, a company listed on the Tokyo Stock Exchange Prime Market, signifies a reduction in its share count, which can impact per-share metrics.