K's Holdings Corporation
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
Ks Holdings Co., Ltd. will cancel 7,000,000 shares of treasury stock (4.00% of the total outstanding shares) on March 31, 2026. After the cancellation, the total number of outstanding shares will be 168,000,000 shares.
Key Figures
- Number of shares to be canceled: 7,000,000 shares (4.00% of total outstanding shares)
- Scheduled cancellation date: 2026-03-31
- Total outstanding shares after cancellation: 168,000,000 shares
AI要約
Overview of Treasury Stock Cancellation
Ks Holdings Co., Ltd. resolved at the Board of Directors meeting held on February 18, 2026, to cancel a portion of its treasury stock based on the provisions of Article 178 of the Companies Act. The shares to be canceled are 7,000,000 common shares of the company, which correspond to 4.00% of the total outstanding shares prior to cancellation. The scheduled cancellation date is March 31, 2026.
Number of Shares After Cancellation and Future Impact
After the treasury stock cancellation, the total number of outstanding shares will be 168,000,000 shares. This action is based on the decision regarding treasury stock acquisition and cancellation disclosed on May 8, 2025, and includes all treasury shares acquired. The reduction in the number of shares is expected to enhance the value per share, although no specific impact details are provided.
