Mizuho Financial Group to cancel 24,352,700 shares
Mizuho Financial Group completed its repurchase of common stock and said 24,352,700 shares would be cancelled on October 23, 2026.
What happened
Mizuho Financial Group completed the repurchase of its common stock under board resolutions dated May 15, 2026 and July 30, 2026. According to the company, the purchases ran from September 1, 2026 to September 18, 2026 on a trade date basis.
The company said the transactions used market purchase utilizing trust method, meaning purchases were handled through the market with a trust arrangement. It said 24,352,700 shares were to be cancelled, equal to 1.0 % of outstanding shares before cancellation, meaning shares then in issue.
Cancelled shares leave remaining holders with a larger stake
Cancellation means the shares cease to exist, so the total count of outstanding shares, meaning shares in issue, falls. For holders, that mechanical change affects how ownership is spread without describing bank performance.
Filing recorded board approval and repurchase timetable
The company reported the completion in a filing with the SEC on 2026-09-24. The filing referred to board resolutions of May 15, 2026 and July 30, 2026 that authorized the repurchase.
Cancellation date remained the next documented step
According to the company, the scheduled cancellation date was October 23, 2026. Cancellation is the administrative step in which the repurchased shares cease to exist.
