Mitsubishi Logistics Corporation

9301.T
Integrated Freight & Logistics
2026/03/02 Updated
Market Cap: $3.3B (¥512.5B)
Stock Price: $9.19 (¥1,433)
Exchange Rate: 1 USD = ¥156.01

Notice Regarding the Resolution on Share Buyback and Cancellation of Treasury Stock

Up to 11,000,000 shares of treasury stock (3.2% of total issued shares) will be acquired through market purchase from April 1, 2026 to October 31, 2026, with a maximum amount of 10 billion yen, and all acquired shares are scheduled to be cancelled on November 13, 2026.

Importance:
Page Updated: February 27, 2026
IR Disclosure Date: February 27, 2026

Key Figures

  • Maximum number of shares to be acquired: 11,000,000 shares (3.2% of total issued shares)
  • Maximum acquisition amount: 10 billion yen
  • Acquisition period: 2026-04-01 to 2026-10-31

AI要約

Overview of Capital Policy

Mitsubishi Logistics Corporation resolved at the Board of Directors meeting on February 27, 2026, to acquire and cancel treasury stock based on the shareholder return policy of the Management Plan [2025-2030]. The acquisition target is common stock, with an upper limit of 11,000,000 shares (3.2% of total issued shares), and a total acquisition price up to 10 billion yen. The acquisition period will be from April 1, 2026 to October 31, 2026, through market purchases. All acquired treasury shares are scheduled to be cancelled on November 13, 2026.

Impact and Purpose for Shareholders

This share buyback and cancellation aims to enhance shareholder returns and improve capital efficiency. The cancellation of treasury stock will reduce the number of outstanding shares, which is expected to increase the value per share. As of January 31, 2026, Mitsubishi Logistics held 33,286,034 treasury shares, and the shares to be acquired this time will be added to this amount.

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