Mitsubishi UFJ Financial Group, Inc. (MUFG)

Notice Regarding Repurchase of Common Stock

(Repurchase of common stock pursuant to the provisions of Article 156, Paragraph 1 of the Companies Act, in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and MUFG's Articles of Incorporation)

Tokyo, May 15, 2024 --- MUFG today announced that it has decided to repurchase its common stock pursuant to the provisions of Article 156, Paragraph 1 of the Companies Act of Japan and in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and Article 44 of the Articles of Incorporation of MUFG.

  1. Reasons for Repurchase and Cancellation of Common Stock
    MUFG continuously seeks to improve shareholder returns focusing on dividends in the pursuit of an optimal balance between solid equity capital and strategic investment for growth.
    MUFG will flexibly repurchase stock as a measure to return profits to shareholders that will contribute to improving capital efficiency, taking into consideration its business performance and capital situation, opportunities for investment in growth, and market conditions, including share price.
  2. Outline of Repurchase

(1)

Stock to be repurchased

MUFG common stock

(2)

Aggregate shares to be

Up to 80,000,000 shares (0.68% of total shares

repurchased

outstanding excluding treasury stock)

(3)

Aggregate amount of

Up to ¥100,000,000,000

repurchase price

(4)

Repurchase period

From May 16, 2024 to June 30, 2024

(5)

Repurchase method

Market purchases on the Tokyo Stock Exchange

(Reference) Treasury Stock as of March 31, 2024

Total shares outstanding (excluding treasury stock)

12,337,710,920 shares

Treasury stock

584,658,789 shares

- End -

1

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

This notice contains forward-looking statements regarding estimates, forecasts, etc. in relation to the results of operations, financial conditions and other general management of MUFG and/or the group as a whole (the "forward-looking statements"). The forward-looking statements are made based upon, among other things, MUFG's current estimates, perceptions and evaluations. In addition, in order for MUFG to adopt such estimates, forecasts, etc. regarding future events, certain assumptions have been made. Accordingly, the statements and assumptions are inherently not guarantees of future performance and may result in inaccuracy from an objective point of view and in material differences from actual results. There exist a number of factors that might lead to uncertainties and risks. For the main matters that may be currently forecast, please see the most recent Financial Highlights, the Annual Securities Report, Disclosure Book, Annual Report, and other disclosures that MUFG has announced.

2

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Mitsubishi UFJ Financial Group Inc. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 11:39:09 UTC.