Kuraray Co., Ltd.

2026/08/21 Updated
Market Cap: $3.5B (¥551.8B)
Stock Price: $11.52 (¥1,832)
Exchange Rate: 1 USD = ¥158.98

Announcement of Share Cancellation | May 2026

Kuraray Co., Ltd. resolved at the Board of Directors meeting on May 13, 2026, to cancel 5,830,000 shares of treasury stock (1.89% of issued shares). As a result, the total number of issued shares will be 302,133,603 shares.

Importance:
Page Updated: May 13, 2026
IR Disclosure Date: May 13, 2026

Key Figures

  • Number of Shares to be Canceled: 5,830,000 shares
  • Total Shares Outstanding After Cancellation: 302,133,603 shares
  • Scheduled Cancellation Date: May 29, 2026

AI要約

Overview of Capital Policy

Kuraray Co., Ltd. resolved at the Board of Directors meeting held on May 13, 2026, to cancel 5,830,000 shares of treasury stock. Consequently, the total number of issued shares will be 302,133,603 shares, aiming to enhance shareholder value and prevent dilution of shares. The cancellation is scheduled for May 29, 2026.

Impact on Shareholders and Future Outlook

The share cancellation will reduce the number of outstanding shares, likely increasing the value per share. This may also help prevent dilution of shareholders' ownership ratios and be viewed as part of shareholder return initiatives. Kuraray will continue to pursue appropriate capital policies to maximize shareholder value.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Kuraray Co., Ltd.

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