KYB Corporation
Notice Regarding Acquisition and Cancellation of Class A Preferred Shares
Kayaba Industry Co., Ltd. plans to acquire all 125 Class A Preferred Shares for approximately 12,731,506,875 yen on June 29, 2026, and cancel them on the same day.
Key Figures
- Number of Shares Acquired: 125 shares (100% of issued Class A Preferred Shares)
- Total Acquisition Price: 12,731,506,875 yen
- Scheduled Acquisition & Cancellation Date: 2026-06-29
AI要約
Overview of Treasury Stock Acquisition
At the board meeting held on April 8, 2026, Kayaba Industry Co., Ltd. resolved to acquire all 125 Class A Preferred Shares based on Article 10-6 of the Articles of Incorporation. The target represents 100% of the issued Class A Preferred Shares, with a total acquisition price of 12,731,506,875 yen. The counterparties include eight companies such as Mizuho Bank, Development Bank of Japan, and Meiji Yasuda Life Insurance Company. The acquisition price per share is 101,852,055 yen.
Overview of Treasury Stock Cancellation and Future Plans
The 125 acquired Class A Preferred Shares are scheduled to be cancelled on June 29, 2026, pursuant to Article 178 of the Companies Act. The cancellation is conditioned upon the completion of the acquisition, resulting in the complete extinction of the issued Class A Preferred Shares. This action is part of capital policy measures based on strengthening the financial position and improving the business environment.
