TOKYO, Apr 30 (Pulse News Wire) – KYOCERA Corporation (6971.T) announced today that its board of directors, held, resolved to cancel treasury shares based on Article 178 of the Companies Act. According to the resolution, the company plans to cancel ordinary shares totaling 91,373,500.
Prior to cancellation, these shares represented 6.05% of the total outstanding shares. The cancellation is scheduled to take place on May 29, 2026.
Following the cancellation, the company's remaining treasury shares will amount to 101,694,828, representing 7.17% of the total outstanding shares. As of March 31, 2026, the total number of outstanding shares was 1,419,100,820.
This decision reflects KYOCERA’s ongoing efforts to optimize its capital structure and enhance shareholder value.
🟢 Confidence: High AI-translated content.