Mitsubishi Gas Chemical : Notice regarding Status of Repurchase of Own Shares
December 01, 2023 at 01:09 am EST
Share
December 1, 2023
Company name: Mitsubishi Gas Chemical Company, Inc.
Representative: Masashi Fujii, Representative Director & President
Securities code: 4182 (The Prime Market of the Tokyo Stock Exchange)
Contact: Satoshi Takizawa, General Manager, IR Department
TEL: +81-3-3283-5041
Notice regarding Status of Repurchase of Own Shares
Mitsubishi Gas Chemical Company, Inc. (MGC) hereby announces the status of repurchase of own shares pursuant to the provisions of the Articles of Incorporation set forth in Article 459 (1) of the Japanese Companies Act.
1.
Class of shares repurchased
Ordinary shares of MGC
2.
Total number of shares repurchased
1,619,100 shares
3.
Total repurchase cost
3,695,443,750 yen
4. Repurchase period
From November 9, 2023 to November 30, 2023 (on a contract basis)
5. Repurchase method
Market purchase
Reference
1. Resolution at Board meeting on November 8, 2023
(1)
Class of shares to be repurchased
Ordinary shares of MGC
(2)
Number of shares to be repurchased
Up to 5,000,000 shares
(2.44 % of the total number of outstanding shares other than treasury
shares)
(3)
Total repurchase cost
Up to 10,000 million yen
(4) Repurchase period
From November 9, 2023 to January 31, 2024
(5) Repurchase method
Market purchase
2. Status of the repurchase as of November 30, 2023
(1)
Total number of shares repurchased
1,619,100 shares
(2)
Total amount of repurchase cost
3,695,443,750 yen
END
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MGC - Mitsubishi Gas Chemical Co. Inc. published this content on 01 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2023 06:07:32 UTC.
MITSUBISHI GAS CHEMICAL COMPANY, INC. is a Japan-based chemical company. The Company operates in five business segments. The Natural Gas-related Chemicals segment manufactures and sells methanol, ammonia, amine products, methacrylic acid products, multiple alcohol, enzyme and crude. The Aromatic-related Chemicals segment manufactures and sells xylene isomer and xylene derivatives. The Functional Chemicals segment manufactures and sells industrial inorganic chemicals, electronic chemicals and engineering plastics. The Specialty Functional Materials segment manufactures and sells materials for printed circuit boards (PCBs), printed boards and deacidification agents. The Others segment is engaged in the real estate business.