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RNS Number : 0688Y Mitsubishi Corporation 25 March 2026
Notification of Completion of Share Repurchase and Number of Shares of
Treasury Stock to be Cancelled
Mitsubishi Corporation (MC) hereby announces the completion of its share
repurchase pursuant to Paragraph 1, Article 459 of the Companies Act and the
provisions of the Articles of Incorporation, as well as the total number of
shares of treasury stock to be cancelled in accordance with Article 178 of the
same act. These resolutions were reached at the meeting of MC's Board of
Directors held on April 3, 2025. Details are described below.
1. Share repurchases from March 1, 2026 to March 24, 2026
(1). Class of shares repurchased: Common stock
(2). Aggregate repurchased amount: 60,686,715,500 yen
(3). Total number of shares repurchased: 11,688,800 shares
(4). Period of repurchases: From March 1, 2026 to March 24, 2026
(5). Method of repurchases: Purchased on the Tokyo Stock Exchange
2. Results of the Share Repurchases:
(1). Class of shares repurchased Common stock
(2). Aggregate repurchased amount 999,999,552,401 yen
(3). Total number of shares repurchased 318,397,611 shares
(4). Period of repurchases From April 4, 2025 to March 24, 2026
(5). Method of repurchases Purchase on the Tokyo Stock Exchange and Tender Offer for Own Shares
3. Details of the Cancellation of Treasury Stock:
(1). Class of shares to be cancelled Common Stock
(2). Number of shares to be cancelled 318,397,611 shares
(7.9% of the total number of shares outstanding)
(3). Number of shares outstanding after the cancellation 3,710,528,742 shares
(4). Date of cancellation April 30, 2026
(References)
1. Details of share repurchase resolved at the meeting of MC's Board of
Directors held on
April 3, 2025:
(1). Class of shares to be repurchased Common stock
(2). Aggregate repurchase amount Up to 1 trillion yen
(Represents about 10% of the total number of outstanding shares (excluding
treasury
stock) based on the closing price on
April 2, 2025)
(3). Total number of shares to be repurchased Up to 689 million shares
(Represents up to 17% of the total number of outstanding shares (excluding
treasury
stock))
(4). Planned period for repurchase From April 4, 2025 to March 31, 2026
2. Details of cancellation of shares of treasury stock resolved at the
meeting of MC's Board of Directors held on April 3, 2025:
(1). Class of shares to be cancelled Common Stock
(2). Number of shares to be cancelled All shares repurchased
(3). Date of cancellation April 30, 2026
(Note)
As stated in the "Notice Regarding Result of Tender Offer for Own Shares"
released on May 3, 2025, MC conducted a tender offer for its own shares
(period of the tender offer: from April 4, 2025 to May 2, 2025). The "total
number of shares repurchased" and the "total purchase price" above include the
total number of shares repurchased through the tender offer and the total
purchase price for them, as the date of commencement of settlement of the
tender offer was May 28, 2025. MC acquired through the tender offer a total of
93,109,311 shares of its common stock, and the total purchase price for them
was 213,313,431,501 yen.
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