Mitsubishi Corporation Notice regarding the status of share repurchases

RNS Number : 5456U

Mitsubishi Corporation

01 July 2024

 

Translation of report filed with the Tokyo Stock Exchange on July 1, 2024

 

Notice regarding the status of share repurchases

 

Mitsubishi Corporation, at the Board of Directors meeting held on February 6, 2024, resolved to repurchase its own shares pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Act. The status of the share repurchases is as follows.

 

 

(1) Class of shares repurchased:             Common stock

                  (2) Aggregate repurchased amount:        52,499,943,200 yen

(3) Total number of shares repurchased:  16,303,700 shares

(4) Period for repurchases:                       From June 1, 2024 to June 30, 2024

(5) Method of repurchases:                      Purchased on the Tokyo Stock Exchange

 

 

(Reference)

1.    Details of the resolution at the Board of Directors meeting held on February 6, 2024

(1) Class of shares to be repurchased:  Common stock

(2) Aggregate repurchase amount:       Up to 500 billion yen

                     (Represents about 5% of the total number of outstanding shares (excluding treasury stock) based on

 the closing price on February 5, 2024)

(3) Total number of shares to be repurchased: Up to 417 million shares

                                          (Represents up to 10% of the total number of outstanding shares (excluding treasury stock))

(4) Planned period for repurchase:       From February 7, 2024 to September 30, 2024

(5) Method of repurchases:                   Purchased on the Tokyo Stock Exchange

 

2.    Total number of shares repurchased on the market pursuant to the resolution and total amount of repurchases

(1).  Aggregate repurchased amount:                 302,499,192,500 yen

(2).  Total number of shares repurchased:         91,573,700 shares

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