Mitsubishi Electric Corporation (TOKYO: 6503) announced today the status of its repurchase of company stock pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company's articles of incorporation approved by the Board of Directors on April 28, 2023, as shown below.
Type of Shares Repurchased: Common stock
Number of Shares Repurchased: 1,754,200 shares
Aggregate Value of Shares Repurchased: JPY 3,530,286,100
Repurchase Period: December 1, 2023 to December 31, 2023
Repurchase Method: Market trades on Tokyo Stock Exchange
About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its 'Changes for the Better.' The company recorded a revenue of 5,003.6 billion yen (U.S.$ 37.3 billion) in the fiscal year ended March 31, 2023. For more information, please visit www.MitsubishiElectric.com
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