Notice Regarding Repurchase of Company Shares
According to Articles of Incorporation Pursuant to Article 459, Paragraph 1 of Companies Act of
1. Reason for Repurchase of Company Shares
Based on the financial policies of Mitsubishi Electric’s medium-term management plan, the company will repurchase its own stock to primarily enhance shareholder returns, strengthen capital efficiency.
2. Details of Repurchase
(1) Type of Shares to Repurchase: |
Common stock |
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(2) Number of Shares to Repurchase: |
20,000,000 shares (maximum unit)
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(3) Aggregate Value of Repurchase: |
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(4) Repurchase Period: |
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(5) Repurchase Method: |
Market trades on |
Note: Part or all of the above-mentioned repurchases might not be performed depending on market conditions and other factors.
(For reference) Status of treasury stock as of |
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Total number of shares Issued and outstanding
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2,088,228,171 shares |
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Number of treasury stock |
24,973,380 shares |
Note: The number of treasury stock includes 1,970,772 shares held through the
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Investor Relations Inquiries
Corporate IR&SR Division
Cad.Irg@rk.MitsubishiElectric.co.jp
Media Inquiries
Public Relations Division
Tel: +81-3-3218-2332
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/
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