REG-Mitsui & Co Ltd Notification of End of Stock Repurchase and Number of Shares of Treasury Stock to be Cancelled

Mitsui & CoAnnouncement

02/03/2020 07:20

Notification of End of Stock Repurchase and Number of Shares of Treasury Stock to be Cancelled

 

This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme.

March 2, 2020

 

For Immediate Release

To whom it may concern

Mitsui & Co., Ltd.

Notification of End of Stock Repurchase and Number of Shares of Treasury Stock to be Cancelled

Mitsui & Co., Ltd. (“Mitsui”) announced the end of stock repurchase pursuant to Article 156 and Article 165(3) of the Companies Act of Japan and the total number of shares of treasury stock to be cancelled in accordance with Article 178 of the said Act resolved at the meeting of the Board of Directors held on October 30, 2019 with the following details:

1. Results of stock repurchase:

(1) Class of share: Common stock of Mitsui

(2) Number of shares repurchased: 25,964,700 shares

(3) Total amount: 49,999,893,543 yen

(4) Period: From October 31, 2019 to February 28, 2020

(5) Repurchase method: Auction market on Tokyo Stock Exchange

2. Details of cancellation:

(1) Class of share: Common stock of Mitsui

(2) Total number of shares of treasury stock to be cancelled: 25,964,700 shares

(1.5% of the total number of shares outstanding)

(3) Number of outstanding shares after the cancellation: 1,716,720,206 shares

(4) Scheduled date of cancellation: April 20, 2020

[Reference]

1. Details of stock repurchase resolved at the meeting of the Board of Directors held on October 30, 2019.

(1) Class of share: Common stock of Mitsui

(2) Total number of shares of common stock to be repurchased: Up to 30,000,000 shares

(1.7% 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 October 31, 2019 to March 24, 2020

(5) Repurchase method: Auction market on Tokyo Stock Exchange

2. Details of cancellation of shares of treasury stock resolved at the meeting of the Board of Directors held on October 30, 2019.

(1) Class of share: Common stock of Mitsui

(2) Total number of shares of common stock to be cancelled:

All of the shares of common stock to be repurchased pursuant to 1 above

(Up to 1.7% of the total number of shares outstanding)

(3) Scheduled date of cancellation: April 20, 2020

For further information, please contact:

Mitsui & Co., Ltd.



Investor Relations Division         



Tel: +81-3-3285-7657





Corporate Communications Division 



Tel: +81-3-3285-7618




Notice:

This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements. This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.
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