For inquiries on this matter, please contact
- Mitsui & Co., Ltd.
Investor Relations Division - Contact form
- Mitsui & Co., Ltd.
Corporate Communications Division
Telephone: +81-80-5912-0321
Facsimile: +81-3-3285-9819 - Contact form
Main Contents
At the meeting of the Board of Directors held on May 2, 2022, Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President & CEO: Kenichi Hori) resolved to repurchase its stock in accordance with Article 156 of the Companies Act of Japan, as applied pursuant to paragraph 3 of Article 165 of the Companies Act of Japan. Details of the repurchase are as follows:
1. Purpose of stock repurchase:
To enhance shareholder return and to improve capital efficiency.
2. Details of repurchase:
| (1) Class of share | Common stock of Mitsui |
|---|---|
| (2) Total number of shares of common stock to be repurchased | Up to 50,000,000 shares (3.1% of the total number of shares of common stock outstanding excluding treasury stock) |
| (3) Total amount | Up to 100,000,000,000 yen |
| (4) Period | From May 6, 2022 to September 22, 2022 |
| (5) Repurchase method | Auction market on Tokyo Stock Exchange |
[Reference]
Status of treasury stock as of March 31, 2022
| Number of outstanding shares excluding treasury stock | 1,604,816,162 |
|---|---|
| Number of shares of treasury stock | 37,539,482 |
(Note)The number of shares of treasury stock above does not include 3,852,902 shares held by the ESOP trust.