Kokuyo Co., Ltd.
Notice Regarding Cancellation of Treasury Shares and Change to Treasury Share Cancellation Policy
Kokuyo Co., Ltd. will cancel 24,000,000 shares of treasury stock, setting the cancellation date as November 26, 2026. The total number of issued shares after cancellation will be 416,969,852 shares. The cancellation policy has been revised to lower the target treasury share holding ratio to 1% or less and, in principle, cancel any excess shares on an ongoing basis.
Key Figures
- Number of shares to be cancelled: 24,000,000 shares
- Total number of issued shares after cancellation: 416,969,852 shares
- Cancellation date: 2026-11-26
AI要約
Overview of Treasury Share Cancellation
Kokuyo Co., Ltd. resolved at a meeting of the Board of Directors to cancel 24,000,000 shares of common stock held as treasury shares. The total number of issued shares after the cancellation will be 416,969,852 shares, and the cancellation date is November 26, 2026.
Change to Cancellation Policy and Background
With the aim of improving capital efficiency and eliminating concerns about share dilution, the threshold for the treasury share holding ratio has been lowered from the previous 2% or less to 1% or less, and any excess shares will, in principle, be cancelled on an ongoing basis.
Kokuyo Co., Ltd.
Company overview · Stock price · Financial data · All IR
