Bridgestone Corporation
(Disclosure Progress) Notice of Completion of Share Buyback Cancellation
As of January 23, 2026, Bridgestone Corporation completed the cancellation of 93,359,400 shares of treasury stock, representing 7.3% of the total issued shares before the cancellation. The total issued shares after the cancellation stand at 1,334,037,042 shares.
Key Figures
- Total Number of Shares Cancelled: 93,359,400 shares (7.3% of total issued shares before cancellation)
- Cancellation Date: 2026-01-23
- Total Issued Shares After Cancellation: 1,334,037,042 shares
AI要約
Overview of Share Buyback Cancellation
Bridgestone Corporation implemented the cancellation of treasury stock pursuant to the resolution by the Board of Directors on February 17, 2025, in accordance with the provisions of Article 178 of the Companies Act. The cancelled shares consist of common stock totaling 93,359,400 shares. This corresponds to 7.3% of the total issued shares outstanding before cancellation (excluding treasury stock). The cancellation date was January 23, 2026.
Impact on Shareholders and Future Outlook
As a result of the share cancellation, the total issued shares have been adjusted to 1,334,037,042 shares. This measure is expected to prevent dilution of shares and enhance the value per share. While there is no specific disclosure regarding the use of funds or detailed objectives, the action is presumed to be aimed at improving capital efficiency. The impact on future performance and dividend policy remains uncertain.