JGC Holdings Corporation
Notice Regarding Cancellation of Treasury Stock
On February 27, 2026, 15,500,000 shares of common stock (5.97% of the total issued shares) will be cancelled, reducing the total number of issued shares to 244,293,008 shares after cancellation.
Key Figures
- Number of Shares Cancelled: 15,500,000 shares (5.97% of total issued shares)
- Scheduled Cancellation Date: 2026-02-27
- Total Issued Shares After Cancellation: 244,293,008 shares
AI要約
Overview of Treasury Stock Cancellation
JGC Holdings Corporation resolved at the Board of Directors meeting held on February 10, 2026, to cancel 15,500,000 treasury shares in accordance with Article 178 of the Companies Act. The shares to be cancelled are common shares, and the scheduled cancellation date is February 27, 2026. The total number of issued shares before cancellation is 259,793,008 shares, with the shares to be cancelled representing 5.97% of the total.
Impact on Shareholders
As a result of the treasury stock cancellation, the total number of issued shares will decrease to 244,293,008 shares, and the number of treasury shares will significantly decrease from 17,942,089 shares to 2,442,089 shares. Consequently, the ratio of treasury shares to total issued shares will decline from 6.91% to 1.00%. This is expected to suppress dilution of shareholder value and improve capital efficiency; however, there is no description of specific fund usage or future policies.
