Mitsui Fudosan : Notice Concerning the Status and Completion of Share Repurchase （Repurchase of Shares underArticles of Incorporation pursuant to Article 165, Paragraph 2 of the CompaniesAct）(93KB)
Contact: Chiharu Fujioka Managing Officer, General Manager, Corporate Communications Department (Tel: +81-3-3246-3155)
,
Notice Concerning the Status and Completion of Share Repurchase
（Repurchase of Shares under Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act）
Mitsui Fudosan Co., Ltd. (the "Company") hereby announces the status of repurchase of its own shares under Article 156 which is applicable in accordance with Article 165, Paragraph 3 of the Companies Act.
We also hereby announce the completion of the Company's repurchase of its own shares pursuant to the resolution approved at the board of directors' meeting held on May 12, 2020. Brief details are provided as follows.
1.
Class of shares repurchased:
Common shares
2.
Total number of shares repurchased:
5,460,300 shares
3.
Aggregate repurchase price:
9,999,984,550 yen
4.
Period for repurchase:
From July 1, 2020 to July 27, 2020
5.
Method of repurchase:
Open market purchase on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution approved at the board of directors' meeting held on May 12, 2020
(1) Class of shares to be repurchased:
Common shares
Total number of shares to be repurchased: 10,000,000 shares (Maximum)
(1.03% of issued shares (excluding treasury shares))
(3)
Aggregate repurchase price:
10 billion yen (Maximum)
(4)
Period of repurchase:
From May 13, 2020 to March 31, 2021
(5)
Method of repurchase:
Open market purchase on the Tokyo Stock Exchange
2. Total number and value of shares repurchased pursuant to the resolution approved at the board of directors'meeting held on May 12, 2020 (as of July 27, 2020):
(1)
Total number of shares repurchased:
5,460,300 shares
(2)
Aggregate repurchase price:
9,999,984,550 yen
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Mitsui Fudosan Co. Ltd. published this content on 28 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2020 06:20:00 UTC
Mitsui Fudosan Co., Ltd. specializes in the development, management and promotion of real estate assets. Net sales break down by activity as follows:
- real estate leasing (31.8%): leasing of office buildings, commercial and residential buildings;
- real estate promotion (30.6%): sale of condominiums, individual houses, residential and office buildings;
- asset management and real estate brokerage (20.4%);
- other (17.2%): sale of building materials, hotel operation, etc.
Mitsui Fudosan : Notice Concerning the Status and Completion of Share Repurchase （Repurchase of Shares underArticles of Incorporation pursuant to Article 165, Paragraph 2 of the CompaniesAct）(93KB)
MITSUI FUDOSAN CO., LTD. 
