Mitsubishi Electric Announces Conclusion of Company Stock Repurchase

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1.	Type of Shares Repurchased:	Common stock
2.	Number of Shares Repurchased:	23,020,400 shares
3.	Aggregate Value of Shares Repurchased:	JPY 44,750,577,150
4.	Repurchase Period:	May 1, 2023 to March 29, 2024
5.	Repurchase Method:	Market trades on Tokyo Stock Exchange
Note: There was no repurchase of company stock from March 1 to March 29, 2024.

1. Details of resolution approved by the Board of Directors on April 28, 2023
(1)	Type of Shares to Repurchase:	Common stock
(2)	Number of Shares to Repurchase:	40,000,000 shares (maximum unit) 1.89% of issued and outstanding shares (excluding treasury stock)
(3)	Aggregate Value of Repurchase:	JPY 50 billion (maximum limit)
(4)	Repurchase Period:	May 1, 2023 to March 29, 2024
(5)	Repurchase Method:	Market trades on Tokyo Stock Exchange
Note: Part or all of the above-mentioned repurchases might not be performed depending on market conditions and other factors.

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Mitsubishi Electric Announces Conclusion of Company Stock Repurchase

Latest stories

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