Kyushu Electric Power Company, Incorporated

9508.T
Utilities - Independent Power Producers
2026/09/28 11:02 Updated
Market Cap: $6.2B (¥979.4B)
Stock Price: $13.15 (¥2,072)
Exchange Rate: 1 USD = ¥157.48

Notice Regarding Cancellation of Treasury Shares

On September 28, 2026, the Company announced it will cancel treasury shares as part of preparations for transitioning to a pure holding company scheduled for October 1, 2026. Number of shares to be cancelled: 309,731 shares; scheduled cancellation date: September 30, 2026; total number of issued shares after cancellation: 473,874,220 shares.

Importance:
Page Updated: September 28, 2026
IR Disclosure Date: September 28, 2026

Key Figures

  • Number of shares to be cancelled: 309,731 shares
  • Scheduled cancellation date: 2026-09-30
  • Total number of issued shares after cancellation: 473,874,220 shares

AI要約

Background and Purpose

This notice communicates the specific implementation of the cancellation of treasury shares based on the board resolution dated March 26, 2026 and the share transfer plan. The cancellation is positioned as a measure immediately prior to the transition to a pure holding company structure and is scheduled for September 30, 2026.

Impact and Future Outlook

As a result of the cancellation, the total number of issued shares will become 473,874,220 shares. The notice does not directly address changes in shareholder composition or the extent of dilution; the measure is positioned as a preparatory step to facilitate the transition to a pure holding company structure. Further scheduling and additional disclosures are expected.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Kyushu Electric Power Company, Incorporated

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