Keio Corporation
Notice Regarding Cancellation of Treasury Shares (Cancellation of Treasury Shares Based on Article 178 of the Companies Act)
On April 30, 2026, 2,498,100 shares (12,490,500 shares after stock split) will be canceled as treasury shares, representing 2.09% of the total issued shares before cancellation.
Key Figures
- Total Number of Shares to be Cancelled: 2,498,100 shares (12,490,500 shares after stock split)
- Scheduled Cancellation Date: April 30, 2026
- Total Issued Shares After Cancellation: 117,203,630 shares (586,018,150 shares after stock split)
AI要約
Overview of Capital Policy
Keio Corporation resolved to cancel treasury shares based on Article 178 of the Companies Act at the Board of Directors meeting held on March 26, 2026. The shares to be cancelled are ordinary shares of the company, amounting to 2,498,100 shares before the stock split and equivalently 12,490,500 shares after the stock split. The scheduled cancellation date is April 30, 2026, after which the total issued shares will be 117,203,630 shares (586,018,150 shares after the stock split). A 1-for-5 stock split is planned on April 1, 2026.
Impact on Shareholders
This treasury shares cancellation corresponds to 2.09% of the total issued shares, and shareholders can expect an increase in per-share value due to the reduction in the number of issued shares. The cancellation will be conducted after the stock split, so the cancellation will be made after adjusting the number of shares accordingly. No statement regarding the use of funds or specific purposes is provided; it is presumed to be a measure aimed purely at improving capital efficiency.
