What is the share exchange ratio for Toho Titanium?

The announced share exchange ratio is 0.70 JX Metals shares for each Toho Titanium share. The exchange is scheduled to take effect on June 1, 2026. Shareholders who remain invested through completion are expected to receive the new shares per the ratio, subject to the final procedures disclosed by the companies.

When is Toho Titanium expected to delist?

The exchange takes effect on June 1, 2026. In Japan, companies targeted in share exchanges typically delist shortly before the effective date. Investors should check the official timetable and last trading day in company notices and with their brokers, since settlement processes and cutoffs can vary by platform.

How could the 0.70-for-1 ratio affect Toho Titanium’s price?

A fixed share exchange ratio often directs prices toward the implied consideration as the effective date nears. A spread can persist due to timing, deal certainty, and liquidity. Headlines, regulatory steps, and new company guidance may also shift the spread. Use broker tools to estimate the implied value and monitor updates.

What are key risks for current shareholders?

Main risks include timeline slippage, procedural changes, and market volatility that can affect spreads. Liquidity will change once Toho Titanium delists, so plan around cash needs or mandates. Tax treatment may differ by investor status, so confirm implications with your broker or adviser before deciding to hold or sell.

Global Market Insights

Toho Titanium Stock Today, February 26: JX Metals’ 0.70-for-1 Share Swap

ByDanny Kontos February 26, 2026

Toho Titanium moves today as JX Metals confirms a 0.70-for-1 share exchange effective June 1, 2026. The JX Metals acquisition will make Toho Titanium a wholly owned subsidiary, streamline governance, and focus resources on semiconductor materials. For Japan investors, the fixed share exchange ratio sets a clear timeline for pricing, corporate actions, and likely delisting. We explain what the terms mean, how the ratio can shape near-term trading, and key steps shareholders should consider before the cutoff.