REG - Mitsubishi Corp. - Notice regarding the status of share repurchases

MitsubishiAnnouncement

03/06/2024 08:15

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RNS Number : 8121Q  Mitsubishi Corporation  03 June 2024

Translation of report filed with the Tokyo Stock Exchange on June 3, 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:         72,499,700,500 yen

(3) Total number of shares repurchased:  21,258,800 shares

(4) Period for repurchases:                       From
May 1, 2024 to May 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:                249,999,249,300
yen

(2).  Total number of shares repurchased:         75,270,000 shares

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