Mitsui : Notification of Progress on Stock Repurchase
October 30, 2021 at 07:52 pm EDT
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October 1, 2021
For Immediate Release To whom it may concern
Mitsui & Co., Ltd.
Notification of Progress on Stock Repurchase
At the meeting of the Board of Directors held on August 3, 2021, Mitsui & Co., Ltd. ("Mitsui") resolved to repurchase its stock in accordance with Article 156 and Article 165(3) of the Companies Act of Japan. Mitsui reports progress on stock repurchase with the following details:
Progress on stock repurchase until September 30, 2021
Class of share: Common stock of Mitsui
Number of shares repurchased: 5,485,800 shares
Cost of acquisition: 13,709,778,758 yen
Period: From September 1, 2021 to September 30, 2021
Accumulated total of stock repurchase until September 30, 2021 pursuant to the above resolution
Number of shares repurchased: 13,016,000 shares
Cost of acquisition: 32,518,841,956 yen
[Reference]
Details of stock repurchase resolved at the meeting of the Board of Directors held on August 3, 2021.
Class of share: Common stock of Mitsui
Total number of shares of common stock to be repurchased: Up to 30,000,000 shares (1.8% of the total number of shares of common stock outstanding excluding treasury stock)
Total amount: Up to 50,000,000,000 yen
Period: From August 4, 2021 to October 29, 2021
Repurchase method: Auction market on Tokyo Stock Exchange
For further information, please contact:
Mitsui & Co., Ltd.
Investor Relations Division
Tel: +81-3-3285-7657
Corporate Communications Division
Tel: +81-80-5912-0321
Notice:
This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward- looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements. This announcement is published in order to publicly announce specific facts stated above, and does not
constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.
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Mitsui & Co. Ltd. published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 23:51:04 UTC.
Mitsui & Co., Ltd. is a diversified group organized around 7 sectors of activity:
- distribution of chemical products (24.3% of net sales);
- distribution of foods, consumer products and pharmaceuticals (23%). The group is also engaged in real estate asset management;
- production and sale of gas and oil products (22.1%);
- production of minerals and non ferrous metals (16.2%);
- manufacturing of industrial engines equipments (7.3%);
- distribution of iron and steel products (5.2%);
- other (1.9%): primarily sale of IT and communication products, financing and logistics services.
MITSUI & CO., LTD. 
