Resolution on acquisition limit
Resolved 27 August 2021Market purchases under a discretionary trading agreement for the acquisition of treasury sharesThe full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.
30 August 2021 to 19 November 2021
To enhance shareholder returns and improve capital efficiency, Mitsui Chemicals will repurchase treasury shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 3,500,000 shares (maximum) |
| Percentage of total issued shares | 1.79％ |
| Total acquisition price | ¥10 billion (maximum) |
| Acquisition period | 30 August 2021 to 19 November 2021 |
| Method of acquisition | Market purchases under a discretionary trading agreement for the acquisition of treasury shares |
| Reason for acquisition | To enhance shareholder returns and improve capital efficiency, Mitsui Chemicals will repurchase treasury shares. |
| Resolution date | 27 August 2021 |
| Current number of treasury shares | 8,667,426 shares (as of 31 July 2021) |
| Total number of issued shares | 195,985,889 shares (excluding treasury shares, as of 31 July 2021) |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To enhance shareholder returns and improve capital efficiency, Mitsui Chemicals will repurchase treasury shares.