Source disclosure: February 26, 2026, 15:30 JST
TOHO GAS CO.,LTD. [9533.T]
TOKYO, Feb 26 (Pulse News Wire) – Toho GAS CO.,LTD. (9533.T) announced today that its board of directors, convened, resolved to cancel own shares based on Article 178 of the Companies Act.
The company plans to cancel 6,653,300 shares, representing 6.77% percent of the outstanding shares prior to cancellation. The cancellation is scheduled to take place on March 31, 2026. Following the cancellation, the total number of outstanding shares will be reduced to 91,566,785 shares.
Additionally, the company previously announced a share split ratio of 1-for-4, effective April 1, 2026, with March 31, 2026, as the record date. However, due to the cancellation of own shares, the increase in the number of shares resulting from the split will be adjusted accordingly. Prior to the adjustment, the pre-split outstanding shares stood at 98,220,085 shares, with an expected increase of 294,660,255 shares post-split, leading to a total of 392,880,340 outstanding shares and 640,000,000 authorized shares after the split.
Post-adjustment, the pre-split outstanding shares will be 91,566,785 shares, with an anticipated increase of 274,700,355 shares, resulting in a total of 366,267,140 outstanding shares and 640,000,000 authorized shares following the split.
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