May 29, 2015
Company name: FANUC CORPORATION Representative: Yoshiharu Inaba, President and CEO (Stock Code: 6954, 1st Section, Tokyo Stock Exchange) Contact: Keisuke Fujii , Manager, Public Relations
Tel: (0555) 84 - 5555
Notice Concerning the Cancellation of Treasury Shares
(pursuant to the provision of Article 178 of the Company Act)
At a meeting held on May 29, 2015, the Board of Directors of FANUC CORPORATION resolved to cancel its treasury shares as stated below based on our new shareholder return policy announced on April 27.
(14.01% of the shares outstanding before cancellation)
The cancellation of a portion of our treasury shares is based on our policy, "We aim to limit the number of our treasury shares to a maximum of 5% of the total number of issued shares. We will, as a general rule, cancel any portion exceeding this limit every fiscal year."
3. Position of our shares
Before As of March 31, 2015 | After As of June 10, 2015 (scheduled) | |
The number of shares outstanding | 239,508,317 shares | 205,942,215 shares |
Treasury shares | 43,863,212 shares | 10,297,110 shares |
Rate to shares outstanding | 18.31% | 5.00% |
distributed by |