Mitsubishi Estate Co., Ltd.

8802.T
Real Estate - Diversified
2026/03/02 Updated
Market Cap: $41.0B (¥6.4T)
Stock Price: $33.78 (¥5,278)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding the Status of Treasury Stock Acquisition (Acquisition of Treasury Stock Based on the Provision of Article 165, Paragraph 2 of the Companies Act)

Acquired 2,518,500 ordinary shares of treasury stock with a total acquisition price of 12,630,188,000 yen from February 10 to February 28, 2026.

Importance:
Page Updated: March 2, 2026
IR Disclosure Date: March 2, 2026

Key Figures

  • Number of Shares Acquired: 2,518,500 shares (as of February 28, 2026)
  • Total Acquisition Price: 12,630,188,000 yen
  • Acquisition Period: 2026-02-10 to 2026-02-28

AI要約

Overview of Treasury Stock Acquisition

Mitsubishi Estate Co., Ltd. acquired 2,518,500 ordinary shares during the period from February 10, 2026 to February 28, 2026 in accordance with the provisions of Article 165, Paragraph 2 of the Companies Act. The total acquisition price amounted to 12,630,188,000 yen, with the shares purchased on the Tokyo Stock Exchange market. Furthermore, the Board of Directors resolved on February 9, 2026 to set an acquisition upper limit of 13 million shares and a maximum acquisition price of 30 billion yen.

Impact on Shareholders and Future Outlook

This treasury stock acquisition represents approximately 1.07% of the total number of issued shares (excluding treasury shares). The acquisition was conducted via market purchases and is believed to aim at enhancing shareholder value. Continuous acquisitions are planned within the scope of the Board of Directors' resolution, potentially contributing to improved capital efficiency.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.