REG-Mitsui & Co Ltd Notification of Progress on Stock Repurchase

Mitsui & CoAnnouncement

01/06/2021 07:00

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Notification of Progress on Stock Repurchase

 

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

June 1, 2021

For Immediate Release

To whom it may concern

Mitsui & Co., Ltd.

Notification of Progress on Stock Repurchase

At the meeting of the Board of Directors held on April 30, 2021, Mitsui &
Co., Ltd. (“Mitsui”) resolved to repurchase its stock in accordance with
Article 156 and Article 165(3) of the Companies Act of Japan. Mitsui reports
progress on stock repurchase with the following details:

 

1. Progress on stock repurchase until May 31, 2021

(1) Class of share: Common stock of Mitsui

(2) Number of shares repurchased:10,973,400 shares

(3) Cost of acquisition: 26,690,631,919 yen

(4) Period: From May 6, 2021 to May 31, 2021

 

2. Accumulated total of stock repurchase until May 31, 2021 pursuant to the
above resolution

(1) Number of shares repurchased: 10,973,400 shares

(2) Cost of acquisition:  26,690,631,919 yen

 

 Reference 

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 Mitsui

(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

 

For further information, please contact:

Mitsui & Co., Ltd.

Investor Relations Division Tel: +81-3-3285-7657

Corporate Communications Division Tel: +81-80-5912-0321

 

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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