Yokogawa Electric Corporation
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on Article 178 of the Companies Act)
Yokogawa Electric Corporation announced the cancellation of 11,423,300 common shares (4.25% of the total issued shares) scheduled for March 13, 2026.
Key Figures
- Total Number of Shares to be Cancelled: 11,423,300 shares (4.25% of total issued shares)
- Scheduled Cancellation Date: 2026-03-13
- Total Issued Shares After Cancellation: 257,201,210 shares
AI要約
Overview of Capital Policy
At the board of directors meeting held on March 3, 2026, Yokogawa Electric Corporation resolved to cancel 11,423,300 shares of treasury stock in accordance with the provisions of Article 178 of the Companies Act. The shares to be cancelled are common shares of the company, representing 4.25% of the total issued shares prior to cancellation. The scheduled cancellation date is March 13, 2026.
Impact on Shareholders
Following this treasury stock cancellation, the total number of issued shares will be 257,201,210 shares. While this is expected to enhance the value per share, specific details regarding the use of funds or financial impact are not provided in this document. Investors should closely monitor subsequent changes in the number of shares.
