Mitsubishi Logistics to buy back shares, enhance shareholder returns

Mitsubishi Logistics Corporation announced a plan to acquire up to 33 million of its own common shares, representing 9.2% of total outstanding shares (excluding treasury shares) at a cost of up to JPY20.0 billion. The buyback period will run from May 1, 2025, to March 19, 2026, and shares will be purchased on the open market through the Tokyo Stock Exchange. Shares purchased will be cancelled by March 31, 2026. The company stated the decision, made at a board of directors meeting held April 30, 2025, seeks to flexibly enhance shareholder returns and improve capital efficiency based on the shareholder return policy outlined in the Business Plan (2025-2030) announced on February 28, 2025. As of April 14, 2025, Mitsubishi Logistics has 360,227,746 shares issued (excluding treasury shares) and holds 18,654,549 treasury shares.