May 20, 2021

Notice Regarding the Cancellation of Treasury Shares

ACOM CO., LTD. ("ACOM") announces that the Board of Directors Meeting, held on May 20 2021, resolved to cancel treasury shares pursuant to Article 178 of the Companies Act of Japan, as stated below.

  1. Reason for the cancellation
    ACOM has decided to cancel its treasury shares for the purpose of improving tradable share ratio and eliminating concerns about dilution of shares in preparation for the transition to the new market structure at Tokyo Stock Exchange, Inc.
  2. Class of shares to be cancelled Common stock of ACOM
  3. Number of shares to be cancelled

29,668,702 shares

1.85% of total number of shares issued prior to the cancellation

4. Planned cancellation date June 3, 2021

(Reference)

After the cancellation, number of shares will be 1,566,614,098.

The shares to be cancelled are all treasury shares owned by ACOM.

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ACOM CO., LTD.

Meiji Yasuda Seimei Bldg., 1-1, Marunouchi 2-chome,Chiyoda-ku, Tokyo, Japan

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Acom Co. Ltd. published this content on 20 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2021 06:31:01 UTC.