DENSO Corporation
Notice Regarding Cancellation of Treasury Shares (Pursuant to Article 178 of the Companies Act)
DENSO Corporation plans to cancel 400,000,000 shares of treasury stock. The ratio to total outstanding shares after cancellation will be 13.74%. Scheduled cancellation date is 2026-11-30. Treasury share holdings as of September 30 are 403,507,465 shares.
Key Figures
- Number of shares to be cancelled: 400,000,000 shares
- Ratio after cancellation: 13.74%
- Treasury share holdings (as of September 30): Number of treasury shares 403,507,465 shares
AI要約
Overview
DENSO Corporation, based on a resolution of the Board of Directors, has decided to cancel 400,000,000 shares of its common stock held as treasury shares. The cancellation is scheduled to be carried out on 2026-11-30, and the ratio of treasury shares to total outstanding shares after the cancellation will be 13.74%.
Impact and Future Outlook
Current treasury share holdings are 403,507,465 shares as of September 30. The cancellation is expected to reduce dilution and affect shareholder returns, but the specific impact on financial indicators is unknown; further disclosures will be required.
DENSO Corporation
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