Source disclosure: February 10, 2026
JGC HOLDINGS CORPORATION [1963.T]
TOKYO, Feb 10 (Pulse News Wire) – JGC Holdings Corporation (1963.T) announced today that its board of directors, convened, resolved to cancel shares based on Article 178 of the Companies Act. The resolution pertains to the cancellation of ordinary shares totaling 15,500,000 shares, which represents 5.97% of the outstanding shares as of January 31, 2026.
The cancellation is scheduled to take place on February 27, 2026. Following the cancellation, the number of treasury shares held by the company will decrease from 17,942,089 shares, representing 6.91% of total outstanding shares, to 2,442,089 shares, accounting for 1.00% of total outstanding shares as of January 31, 2026.
This reduction reflects the company's strategy to manage its shareholding structure effectively. The updated figures show a significant drop in the proportion of treasury shares after the cancellation process.
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