MITSUBISHI MOTORS : Announcement regarding Completion and Results of Stock Repurchase (Stock Repurchase under Article 165, Paragraph 2 of the Companies Act) (69.4KB)
June 18, 2018 at 04:18 am EDT
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June 18, 2018
Mitsubishi Motors Corporation
Announcement regarding Completion and Results of Stock Repurchase
(Stock Repurchase under Article 165, Paragraph 2 of the Companies Act)
The Company has repurchased shares of its common stock pursuant to Article 156 and Article 165, Paragraph 3 of the Japanese Companies Act. The Company completed the stock repurchase approved in its board resolution adopted on May 9, 2018. The results of the stock repurchase for the period commencing June 1, 2018 and ending June 15, 2018 are set forth below.
1.
Class of shares repurchased: common stock
2.
Number of shares of stock repurchased: 897,200 shares
3.
Aggregate price of repurchased shares: JPY 779,540,100
4.
Second reporting period (on a trade-date basis): from June 1, 2018 to June 15, 2018
5.
Method of repurchase: repurchase on an auction market
(Notes)
1. Details of the relevant resolution of the Company's Board of Directors adopted at a meeting held on May 9, 2018
(1) Class of shares to be repurchased: common stock
(2) Number of shares of stock to be repurchased: a maximum of 1,747,200 shares
(representing 0.12% of the issued and outstanding shares of the Company)
(3) Aggregate price of stock repurchase: a maximum of JPY 1,800 million
(4) Stock repurchase period: from May 18, 2018 to June 15, 2018
2. Total number and price of repurchased shares as of June 18, 2018
(1) Total number: 1,747,200 shares
(2) Total price: JPY 1,507,930,600
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Mitsubishi Motors Corporation published this content on 18 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 June 2018 08:17:02 UTC
Mitsubishi Motors Corporation is one of the Japanese leaders of automotive construction. Net sales by activity break down as follows:
- sale of vehicles (98.3%): 937,000 vehicles (brands i-MiEV, Pajero Sport and RVR) sold in 2021/22 and broken down by country between Japan (75,000), Asia (331,000), Europe (131,000), North America (156,000) and other (244,000);
- financial services (1.7%): especially vehicle purchase financing services.
At the end of March 2022, the group had 29 production sites in the world.
Net sales break down geographically as follows: Japan (19.3%), Asia (23.7%), Europe (12.6%), North America (19.5%), Oceania (12.5%) and other (12.4%).
MITSUBISHI MOTORS : Announcement regarding Completion and Results of Stock Repurchase (Stock Repurchase under Article 165, Paragraph 2 of the Companies Act) (69.4KB)
MITSUBISHI MOTORS CORPORATION 
