February 3, 2022
Koki Ando
President and Representative Director, CEO
Notice regarding Cancellation of Treasury Shares
NISSIN FOODS HOLDINGS CO., LTD. (hereinafter "the Company") hereby announces that, at the meeting of the Board of Directors held on February 3, 2022, its Board of Directors resolved to cancel treasury shares pursuant to Article 178 of the Companies Act.
(1) | Type of shares to be cancelled | Common stock of the Company |
(2) | Total number of shares to be cancelled | 1,477,700 shares |
(This number represents 1.39% of total outstanding | ||
shares before cancellation) | ||
(3) | Scheduled date of cancellation | February 28, 2022 |
(Reference)
(1) | Total number of outstanding shares after cancellation 104,222,300 shares |
(2) | Total number of treasury shares after cancellation (estimated) 1,476,251 shares |
(Calculated based on the number of treasury shares as of December 31, 2021)