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- Mitsubishi & Co., Ltd.
Corporate Communications Division
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Main Contents
At the meeting of the Board of Directors held on February 24, 2021, Mitsubishi & Co., Ltd. ("Mitsubishi") resolved to repurchase its stock in accordance with Article 156 and Article 165(3) of the Companies Act of Japan. Mitsubishi today reported the progress of stock repurchase and announced the end of the stock repurchase pursuant to the resolution above with the following details:
Progress of stock repurchase
| (1) Class of share | Common stock of Mitsubishi |
|---|---|
| (2) Number of shares repurchased | 10,776,800 shares |
| (3) Total amount | 24,632,241,699 yen |
| (4) Period | From April 1, 2021 to April 26, 2021 |
| (5) Repurchase method | Auction market on Tokyo Stock Exchange |
[Reference]
1. Details of stock repurchase resolved at the meeting of the Board of Directors held on February 24, 2021.
| (1) Class of share | Common stock of Mitsubishi |
|---|---|
| (2) Total number of shares of common stock to be repurchased | Up to 30,000,000 shares (1.8% of the total number of shares of common stock outstanding excluding treasury stock) |
| (3) Total amount | Up to 50,000,000,000 yen |
| (4) Period | From February 25, 2021 to April 27, 2021 |
| (5) Repurchase method | Auction market on Tokyo Stock Exchange |
2. Accumulated total of stock repurchase until April 26,2021 pursuant to the above resolution
| (1) Number of shares repurchased | 21,668,200 shares |
|---|---|
| (2) Cost of acquisition | 49,999,960,976 yen |