MUFG today announced the progress on repurchase of its common stock under the provisions of Article 156, Paragraph 1 of the Companies Act of Japan and by the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and Article 44 of the Articles of Incorporation of MUFG.
(1) Stock repurchased
MUFG common stock
(2) Aggregate shares
repurchased
42,215,900 shares
(3) Aggregate amount of
repurchase price
¥ 76,582,934,805
(4) Repurchase period*1
From December 1, 2024, to December 31, 2024
(5) Repurchase method
Market purchases on the Tokyo Stock Exchange
(Reference)
i. Outline of the resolution concerning the repurchase of common stock at a meeting of the Board of Directors held on November 14, 2024
(1) Stock to be repurchased
MUFG common stock
(2) Aggregate shares to be
repurchased
Up to 230,000,000 shares (1.96% of total shares
outstanding excluding treasury stock)
(3) Aggregate amount of
repurchase price
Up to ¥300,000,000,000
(4) Repurchase period*2
From November 15, 2024, to March 31, 2025
(5) Repurchase method
Market purchases on the Tokyo Stock Exchange
ii. Cumulative progress on stock repurchase until December 31, 2024, under the above resolution
(1) Cumulative shares
repurchased*1
64,755,000 shares
(2) Cumulative repurchase
price*1
¥ 117,364,887,309
*1. On a delivery basis
*2. On a contract basis
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 140,000 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.