Nippon Steel Corporation
Notice Regarding the Result of Tender Offer for Kurosaki Harima Corporation Shares (Securities Code 5352)
Nippon Steel Corporation announced on March 4, 2026 that it conducted a tender offer for 14,932,986 shares of Kurosaki Harima Corporation at 4,200 yen per share, resulting in a post-offer voting rights ownership ratio of 90.76%.
Key Figures
- Total Number of Tendered Shares: 14,932,986 shares
- Purchase Price: 4,200 yen/share
- Post-Tender Voting Rights Ownership Ratio: 90.76%
AI要約
Overview and Results of the Tender Offer
Nippon Steel Corporation conducted a tender offer for ordinary shares of Kurosaki Harima Corporation from February 2 to March 3, 2026, acquiring all 14,932,986 tendered shares. The purchase price was 4,200 yen per share, and the post-offer voting rights ownership ratio reached 90.76%. The tender offer was successful as the number of shares tendered exceeded the lower threshold of 6,818,596 shares and included odd-lot shares. Settlement will commence on March 10, 2026.
Future Policy and Expected Delisting
Following the tender offer results, Nippon Steel plans to proceed with a procedure to make all shareholders of Kurosaki Harima the tender offeror only, which is expected to lead to delisting from the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange Main Market. After delisting, trading of the relevant shares will no longer be possible, and further procedures will be promptly disclosed after consultation with the relevant parties.
Nippon Steel Corporation
Company overview · Stock price · Financial data · All IR
