TOKYO, Mar 26 (Pulse News Wire) – Fujitsu Limited (6702.T) resolved today during its board meeting to cancel treasury shares based on Article 178 of the Companies Act. According to the resolution, Fujitsu plans to cancel ordinary shares amounting to 331,330,185.
This represents 16.0% of the outstanding shares prior to cancellation. The cancellation is scheduled for March 31, 2026.
Following the cancellation, the total number of outstanding shares, including treasury shares, is expected to be 1,739,778,265. The anticipated number of remaining treasury shares would be 5,000,000, which constitutes 0.3% of the post-cancellation outstanding shares.
As noted, the cancelled shares will be used for employee stock compensation.
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