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- Mitsubishi & Co., Ltd.
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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 April 30, 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 | 9,198,000 shares |
| (3) Total amount | 23,309,156,378 yen |
| (4) Period | From June 1, 2021 to June 23, 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 April 30, 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 May 6, 2021 to June 23, 2021 |
| (5) Repurchase method | Auction market on Tokyo Stock Exchange |
2. Accumulated total of stock repurchase until June 23, 2021 pursuant to the above resolution
| (1) Number of shares repurchased | 20,171,400 shares |
|---|---|
| (2) Cost of acquisition | 49,999,788,297 yen |