February 13, 2026
To Whom It May Concern
Company name | GungHo Online Entertainment, Inc. |
Representative | Kazuya Sakai |
Representative Director & President, CEO | |
(Securities code：3765) | |
Contact person | Kazumasa Takayama |
Corporate Officer, CFO & IRO, and Executive General Manager of Corporate Planning Division | |
(TEL：03-6895-1650) |
Notice Regarding the Acquisition of Treasury Shares and the Cancellation of Treasury Shares
(Acquisition of treasury shares based on the provision of Paragraph 2, Article 165 of the Companies Act and Cancellation of the treasury shares pursuant to the provision of Article 178 of the Company Act)
GungHo Online Entertainment, Inc. ("the Company") hereby announces that at a meeting held today, its Board of Directors resolved its acquisition of treasury shares, based on the provisions of Article 156 of the Companies Act as applied mutatis mutandis pursuant to the provision of Paragraph 3 of Article 165 of the Companies Act, and the cancellation of treasury shares, pursuant to Article 178 of the Company Act, as follows.
Reasons for acquisition and cancellation of treasury shares
The Company will acquire and cancel its treasury shares with the aim of delivering increased shareholder value through the flexible implementation of a capital policy that responds to changes in the business environment and improves capital efficiency.
Details of acquisition
(1) Type of shares to be acquired
Common shares
(2) Total number of shares to be acquired
2,100,000 shares (maximum)
(3.86% of the total number of shares issued excluding treasury shares)
(3) Total acquisition price
5,000,000,000 yen (maximum)
(4) Acquisition period
From February 16, 2026 to June 23, 2026
(5) Acquisition method
Acquisition on the Tokyo stock exchange
Details of cancellation
(1) Type of shares to be canceled
Common shares
(2) Total number of shares to be canceled
16,000,000 shares
(23.13% of total number of shares issued and outstanding prior to cancellation)
(3) Scheduled date of cancellation
June 30, 2026
(Reference)
Number of treasury shares as of December 31, 2025
Number of shares issued (excluding treasury shares): 54,342,944 shares
Number of treasury shares: 14,818,472 shares