TOKYO, Apr 08 (Pulse News Wire) – KYB Corporation (7242.T) resolved at its board meeting held on April 08, 2026, to cancel ordinary shares based on Article 178 of the Companies Act. The cancellation involves a total of 9,869,864 ordinary shares, representing 19.56% of the outstanding ordinary shares prior to cancellation.
The scheduled cancellation date is set for June 29, 2026. Following the cancellation, the total number of outstanding ordinary shares, inclusive of treasury shares, will be 40,598,798.
This move aligns with the company's strategic objectives and regulatory requirements, aiming to streamline shareholding structure and enhance shareholder value.
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