Mitsubishi Corporation Mitsubishi Corp. Share Repurchase (5764M)
08 Mayo 2015 - 1:00AM
UK Regulatory
TIDMMBC
RNS Number : 5764M
Mitsubishi Corporation
08 May 2015
Translation of report filed with the Tokyo Stock Exchange on May
8, 2015
Notice regarding share repurchases
Mitsubishi Corporation hereby announces that, at a meeting of
its board of directors held on May 8, 2015, Mitsubishi Corporation
has authorized the repurchase of shares of its common stock
pursuant to Article 156 of the Companies Act of Japan, as applied
pursuant to Paragraph 3, Article 165 of the Companies Act, as
described below.
1. Purpose of the Share Repurchases:
Mitsubishi Corporation will repurchase its own shares to improve
capital efficiency.
2. Details of the Share Repurchases:
(1) Class of shares to be repurchased: Common stock
(2) Total number of shares to be repurchased: Up to 45 million shares
(Ratio to the number of outstanding shares (excluding treasury
stock): about 2.8%)
(3) Aggregate repurchase amount: Up to 100 billion yen
(4) Period for repurchases: May 11, 2015 August 31, 2015
(For reference) Number of treasury stock (as of March 31,
2015)
Number of outstanding shares (excluding treasury stock):
1,624,036,751 shares
Number of treasury stock: 3,591,047 shares
This information is provided by RNS
The company news service from the London Stock Exchange
END
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