JVCKENWOOD Corporation
Notice Regarding Number of Shares to be Cancelled and Cancellation Date of Treasury Stock (Share Cancellation Based on Article 178 of the Companies Act)
JVC Kenwood Corporation plans to cancel 2,435,400 shares of treasury stock (1.48% of total issued shares) on March 31, 2026.
Key Figures
- Number of shares to be cancelled: 2,435,400 shares (1.48% of total issued shares before cancellation)
- Scheduled cancellation date: 2026-03-31
- Total issued shares after cancellation: 161,564,801 shares
AI要約
Overview of Treasury Stock Cancellation
At the board meeting held on February 3, 2026, JVC Kenwood Corporation resolved to cancel treasury stock based on Article 178 of the Companies Act. The shares to be cancelled are common shares of the company totaling 2,435,400 shares, equivalent to 1.48% of the total issued shares before cancellation. The scheduled cancellation date is March 31, 2026.
Number of Issued Shares After Cancellation and Future Outlook
Following this treasury stock cancellation, the total issued shares will be 161,564,801 shares. The shares to be cancelled are all treasury shares acquired based on the board resolution, considered part of capital efficiency improvement aimed at enhancing shareholder value. No further detailed impact is described.
