Mitsubishi Electric Announces Cancellation of Treasury Stock
2024年5月9日 - 3:40PM
ビジネスワイヤ(英語)
Mitsubishi Electric Corporation (TOKYO:6503) announced today its
cancellation of treasury stock pursuant to the provisions of
Article 178 of the Companies Act, as shown below.
1.
Class of shares to be cancelled:
Common stock
2.
Number of shares to be cancelled:
34,000,000 shares
(1.58% of total number of issued shares
before the cancellation)
3.
Cancellation date:
May 31, 2024
(For reference)
1.
Total number of shares issued after the
cancellation
2,113,201,551 shares
2.
Number of treasury stock after the
cancellation
24,809,310 shares
Note:
The number of shares to be cancelled is
deducted from the number of treasury stock as of April 30, 2024.
The number of treasury stock includes 1,807,321 shares held through
the Board Incentive Plan (BIP) Trust.
About Mitsubishi Electric
Corporation
With more than 100 years of experience in providing reliable,
high-quality products, Mitsubishi Electric Corporation (TOKYO:
6503) is a recognized world leader in the manufacture, marketing
and sales of electrical and electronic equipment used in
information processing and communications, space development and
satellite communications, consumer electronics, industrial
technology, energy, transportation and building equipment.
Mitsubishi Electric enriches society with technology in the spirit
of its “Changes for the Better.” The company recorded a revenue of
5,257.9 billion yen (U.S.$ 34.8 billion*) in the fiscal year ended
March 31, 2024. For more information, please visit www.MitsubishiElectric.com *U.S. dollar amounts
are translated from yen at the rate of ¥151=U.S.$1, the approximate
rate on the Tokyo Foreign Exchange Market on March 31, 2024
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Investor Relations Inquiries Corporate IR&SR Division
Mitsubishi Electric Corporation Tel: +81-3-3218-2391
Cad.Irg@rk.MitsubishiElectric.co.jp
Media Inquiries Takeyoshi Komatsu Public Relations Division
Mitsubishi Electric Corporation Tel: +81-3-3218-2332
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www.MitsubishiElectric.com/news/