Toho Gas to Cancel 6.8% of Shares, Adjusts Forthcoming Stock Split

TOHO GAS Co ( (JP:9533) ) has shared an announcement.

Toho Gas will cancel 6,653,300 shares of its common stock, representing 6.77% of issued shares, following a Board resolution under the Companies Act, with the cancellation scheduled for March 31, 2026. After this move, the total number of issued shares will fall to 91,566,785, tightening the share base and potentially enhancing capital efficiency and shareholder value.

The cancellation also alters the parameters of a previously announced 4-for-1 stock split effective April 1, 2026, reducing the post-split issued shares to 366,267,140 from the originally planned 392,880,340, while leaving the authorized share cap unchanged at 640 million. This adjustment fine-tunes the balance between liquidity and dilution, reshaping Toho Gas’s equity structure ahead of the stock split and its related shareholder programs.

The most recent analyst rating on (JP:9533) stock is a Buy with a Yen6253.00 price target. To see the full list of analyst forecasts on TOHO GAS Co stock, see the JP:9533 Stock Forecast page.

More about TOHO GAS Co

Toho Gas Co., Ltd. is a Japanese city gas utility listed on the TSE Prime Market and NSE Premier Market. The company is engaged in the supply of gas and related energy services, serving industrial, commercial, and residential customers in its regional markets.

Average Trading Volume: 180,533

Technical Sentiment Signal: Buy

Current Market Cap: Yen550.8B

For an in-depth examination of 9533 stock, go to TipRanks’ Overview page.