SCSK Corporation
(Correction) Notice of Extraordinary General Meeting of Shareholders Regarding Stock Consolidation, Abolition of the Number of Shares per Unit, and Partial Amendments to the Articles of Incorporation
SCSK Corporation corrected the schedule for the extraordinary general meeting of shareholders concerning stock consolidation and the abolition of the number of shares per unit, revising the designation date for delisting to February 9, 2026. The delisting is scheduled for March 12, 2026.
Key Figures
- Designation Date for Delisting: 2026-02-09 (after correction)
- Delisting Date: 2026-03-12 (scheduled)
- Effective Date of Stock Consolidation: 2026-03-16 (scheduled)
AI要約
Overview of Capital Policy
SCSK Corporation corrected the statement regarding the designation date for delisting in the notice of the extraordinary general meeting of shareholders concerning stock consolidation and the abolition of the number of shares per unit. The designation date was initially set as February 10, 2026, but the correct date is February 9, 2026. Other dates remain unchanged, with the extraordinary general meeting scheduled for February 9, 2026, delisting on March 12, 2026, and the effective date of stock consolidation on March 16, 2026.
Impact on Shareholders and Future Outlook
This stock consolidation aims to have only the tender offeror as shareholders, resulting in the company meeting the Tokyo Stock Exchange’s delisting criteria and proceeding through the prescribed procedures to delisting. After delisting, trading on the Tokyo Stock Exchange Prime Market will no longer be possible, so shareholders need to be cautious. The notice also mentions expected cash payments resulting from fractional share adjustments, though specific amounts remain undisclosed.
