Source disclosure: February 26, 2026, 15:30 JST
FUJI MEDIA HOLDINGS,INC. [4676.T]
TOKYO, Feb 26 (Pulse News Wire) – Fuji Media Holdings,inc. (4676.T) announced today that its board of directors resolved to destroy shares based on Article 178 of the Companies Act.
The decision follows previous resolutions made on November 10, 2025, and February 4, 2026, aimed at enhancing capital efficiency and continuously improving corporate and shareholder value. The company plans to destroy a total of 65,071,500 ordinary shares, representing 27.79% percent of the outstanding shares prior to destruction. This move aligns with the company's strategy to maintain appropriate control over its equity base to achieve higher return on equity (ROE).
The share destruction is scheduled to take place on March 12, 2026. Prior to the destruction, the total number of issued shares was 234,194,500. Following the destruction, the total number of issued shares will be reduced to 169,123,000.
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