Japan Post : Notice Regarding Cancellation of Treasury Stock
June 17, 2021
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UNOFFICIAL TRANSLATION
Although the Company pays close attention to provide English translation of the information disclosed in Japanese, the Japanese original prevails over its English translation in the case of any discrepancy.
June 18, 2021
Company name:
Japan Post Holdings Co., Ltd.
Representative:
MASUDA Hiroya
Director and Representative Executive Officer,
President & CEO
(Code number: 6178, First Section of the
Tokyo Stock Exchange)
Contact:
IR Office (Phone: +81-3-3477-0206)
Notice Regarding Cancellation of Treasury Stock
JAPAN POST HOLDINGS Co., Ltd. (the "Company") hereby announces that it has resolved to cancel its treasury stock pursuant to the provisions of Article 178 of the Companies Act at the Board of Directors' meeting held today on June 18, 2021, as described below.
Class of shares to be cancelled:
Number of shares to be cancelled:
Scheduled date of the cancellation:
Common stock of the Company 732,129,771 shares
(The ratio of the number of shares to be cancelled to the total number of shares issued before the cancellation: 16.27%)
June 30, 2021
(Reference)
Total number of shares issued after the cancellation:
3,767,870,229 shares
Number of shares of treasury stock after the cancellation:
100,000 shares
(The above number of shares of treasury stock does not include shares of the Company held by the Board Benefit Trust (BBT).)
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Disclaimer
Japan Post Holdings Co. Ltd. published this content on 18 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 04:06:07 UTC.
Japan Post Holdings Co., Ltd. is a diversified group organized around 4 areas of activity:
- life insurance benefits (57.3% of revenues);
- postal and logistical services (23.9%): collection, transportation and delivery of mail (letters, postcards, etc.), shipping and delivery of parcels. The group also offers logistics and transport services;
- banking services (17.5%): corporate, investment and market banking, syndicated loans, sales of structured products, fund management, mortgage banking, credit card issuance, etc.;
- other (1.3%).