What does it mean that they cancelled the shares they repurchased? So total market capitalization is reduced accordingly?

Digital Core REIT Cancels 400,000 Shares in Buyback

Digital Core REIT repurchased 400,000 shares at $0.5813 each on Jan. 10, totaling US$232,799, according to a Thursday filing on the Singapore Exchange.All repurchased units were canceled.The real estate investment trust has bought back 20,302,300 shares, representing 1.55% of its issued stock under its mandate. Following the buyback, the company's number of shares stood at 1,298,543,718, excluding treasury shares.
Digital Core REIT Cancels 400,000 Shares in Buyback

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