Kao to cancel 12.3m treasury shares, reducing outstanding stock

Kao Corporation announced its decision to cancel 12,300,000 shares of its common stock, effective December 26, 2025. This move follows a resolution passed at a board of directors meeting held today.

The cancelled shares comprise treasury stock acquired by the company through market purchases between August 7, 2025, and November 19, 2025, combined with a portion of existing treasury shares. Post-cancellation, Kao Corporation's total number of outstanding shares will be 453,600,000, while its remaining treasury shares will stand at 8,436.

This strategic cancellation is expected to impact the company's capital structure and potentially shareholder value by reducing the total number of shares in circulation.