Tokyo Kiraboshi Financial Group,Inc. [7173.T]
TOKYO, May 27 (Pulse News Wire) – Tokyo Kiraboshi Financial Group,inc. (7173.T) completed the conversion of its First Series Preferred Shares into common shares and their cancellation.
On May 27, 2026, Mitsui Sumitomo Trust Bank Co., Ltd. exercised its right to request the conversion of all outstanding First Series Preferred Shares held into common shares of Tokyo Kiraboshi.
As a result, all such preferred shares were converted into common shares on May 08, 2026 and May 27, 2026. Following the conversions, Tokyo Kiraboshi canceled all acquired First Series Preferred Shares on May 27, 2026.
Key details of the conversion process included: - Total number of First Series Preferred Shares outstanding prior to conversion: 750,000 - Number of shares converted on May 08, 2026: 560,000 - Number of shares converted on May 27, 2026: 190,000 - Remaining unexercised First Series Preferred Shares post-conversion: 0 - Increase in common shares due to conversion on May 08, 2026: 4,105,571 - Increase in common shares due to conversion on May 27, 2026: 1,392,961 - Total increase in common shares through conversion: 5,498,532 Additionally, the company reported the following regarding the cancellation: - Type of shares cancelled: First Series Preferred Shares - Number of shares cancelled: 750,000 (all outstanding First Series Preferred Shares) - Cancellation date: May 27, 2026 This action concludes the conversion and cancellation process initiated on May 8, 2026.
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