Mitsubishi Logistics concludes latest treasury share acquisition
Mitsubishi Logistics Corporation announced on November 5, 2025, the completion of its latest treasury share acquisition, initiated based on a resolution passed by the board of directors on April 30, 2025. The company acquired 1,764,800 shares of its common stock through market purchases on the Tokyo Stock Exchange, amounting to a total value of JPY 2,019,760,850. This acquisition took place between October 1, 2025, and October 31, 2025.
The board resolution on April 30, 2025, authorized the acquisition of up to 33,000,000 shares of common stock, representing 9.2% of the total outstanding shares (excluding treasury shares), with a maximum acquisition cost of JPY 20,000,000,000. This program was set to run from May 1, 2025, to March 19, 2026.
Cumulatively, under the board resolution, Mitsubishi Logistics Corporation has acquired 10,566,100 shares of its common stock, with a total acquisition cost of JPY 12,274,114,080. This strategic move aims to enhance shareholder value and optimize capital structure.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Mitsubishi Logistics Corporation publishes news
Free account required • Unsubscribe anytime