Kajima Corp Decides to Cancel Shares Amid Capital Adjustments

TOKYO, Aug 05 (Pulse News Wire) – Kajima Corporation (1812.NG) resolved to cancel shares during its board meeting held today. According to the resolution, the company plans to eliminate 45,000 treasury shares, representing 8.5% percent of the outstanding shares prior to cancellation.

The cancellation is scheduled for August 31, 2026. Following the cancellation, the remaining treasury shares will stand at 483 656 011, accounting for 4.7% percent of the total outstanding shares post-cancellation.

The capital adjustments aim to streamline the company's share structure while maintaining regulatory compliance. This decision reflects Kajima’s ongoing efforts to optimize its equity position and enhance shareholder value.

The company will continue to monitor market conditions and make necessary adjustments to align with strategic objectives.