RNS Number : 8310I
Mitsubishi Corporation
01 April 2024
 

Translation of report filed with the Tokyo Stock Exchange on April 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:         52,499,773,800 yen

(3) Total number of shares repurchased:  16,019,600 shares

(4) Period for repurchases:                        From March 1, 2024 to March 31, 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:               104,999,619,700 yen

(2).  Total number of shares repurchased:        33,350,500 shares

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