{"id":42048,"date":"2026-04-24T12:18:51","date_gmt":"2026-04-24T03:18:51","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8358-20260424-04_wp_share_cancellation\/"},"modified":"2026-04-24T12:18:51","modified_gmt":"2026-04-24T03:18:51","slug":"8358-20260424-04_wp_share_cancellation","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8358\/ir\/8358-20260424-04_wp_share_cancellation\/","title":{"rendered":"Notice Regarding Share Cancellation of Treasury Stock"},"content":{"rendered":"<p>Suruga Bank announced the cancellation of 25,000,000 common shares (12.68% of total issued shares) scheduled for May 14, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8358-20260424-04.pdf","jir_short_summary":"Suruga Bank announced the cancellation of 25,000,000 common shares (12.68% of total issued shares) scheduled for May 14, 2026.","jir_summary":"### Overview of Capital Policy\nSuruga Bank Ltd. resolved at its Board of Directors meeting on April 24, 2026, to cancel treasury stock pursuant to Article 178 of the Companies Act. The shares subject to cancellation are 25,000,000 common shares, which represent 12.68% of the total issued shares before cancellation. The scheduled cancellation date is May 14, 2026. Following the cancellation, the total number of issued shares will be 172,139,248.\n\n### Impact on Shareholders\nThe cancellation of treasury stock will reduce the number of issued shares, which is expected to enhance per-share value and mitigate dilution. Specific use of funds or purposes are not stated and remain unknown. The cancellation will be conducted through formal procedures based on the Companies Act.","jir_financial_highlights":"Number of shares to be cancelled: 25,000,000 shares (Ratio to total issued shares before cancellation: 12.68%)\nScheduled cancellation date: 2026-05-14 (Unknown)\nTotal issued shares after cancellation: 172,139,248 common shares (Unknown)","jir_category":"","jir_hashtags":"#SurugaBankLtd, #TreasuryStockCancellation, #JapaneseStocks","jir_key_figures":"Number of shares to be cancelled: 25,000,000 shares (12.68% of total issued shares)\nScheduled cancellation date: 2026-05-14\nTotal issued shares after cancellation: 172,139,248 common shares","jir_meta_title":"\u3010Suruga Bank\u3011Decision to Cancel 25,000,000 Treasury Shares\uff5cMay 2026","jir_meta_description":"Suruga Bank Ltd. resolved at the Board of Directors meeting to cancel 25,000,000 common shares (12.68% of total issued shares) on May 14, 2026. The total number of issued shares after cancellation will be 172,139,248.","jir_og_title":"\u3010Suruga Bank\u3011Decision to Cancel 25,000,000 Treasury Shares\uff5cMay 2026","jir_og_description":"Suruga Bank announced the scheduled cancellation of 25,000,000 common shares on May 14, 2026, representing 12.68% of the total issued shares.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8084,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-42048","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Share Cancellation of Treasury Stock - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8358\/ir\/8358-20260424-04_wp_share_cancellation\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8358\/ir\/8358-20260424-04_wp_share_cancellation\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8358\/ir\/8358-20260424-04_wp_share_cancellation\/\",\"name\":\"Notice Regarding Share Cancellation of Treasury Stock - 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