Mitsubishi Chemical amends share cancellation plan
Mitsubishi Chemical Group Corporation announced a partial amendment to its plan for canceling treasury shares, initially resolved at an Executive Officers' Meeting on May 13, 2025. The company will now cancel 64,820,900 common shares on October 28, 2025. This is a change from the previous plan to cancel all treasury shares acquired under the May 13, 2025, resolution on June 30, 2026.
The treasury share acquisition program, also resolved on May 13, 2025, targeted up to 100,000,000 common shares (representing 7.0% of issued shares excluding treasury shares) with a maximum acquisition cost of 50,000,000,000 yen. The acquisition period was from May 14, 2025, to May 13, 2026.
As of the date of this amendment, the cumulative number of shares acquired under that resolution totaled 64,820,900 shares, at a cost of 49,999,953,080 yen. Following the cancellation, the total number of issued shares of the company will be 1,441,467,207 shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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