According to the company’s website press release on May 1, 2023, Sojitz Corporation decided that, at a meeting of its Board of Directors held on March 31, 2023, it has authorized the repurchase of shares of its common stock pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Companies Act. Sojitz Corporation hereby announces the status of the Share Repurchase as follows
1. Progress of the Share Repurchase as of April 30, 2023: (1). Class of shares repurchased Common stock (2). Total number of shares repurchased 1,320,500 shares (3). Total purchase price for repurchase of shares 3,763,907,800 yen (4). Period of repurchase April 10, 2023 to April 30, 2023
2. Accumulated total of the Share Repurchase as of April 30,2023 pursuant to the resolution below: (1). Total number of shares repurchased 1,320,500 shares (2). Total purchase price for repurchase of shares 3,763,907,800 yen
(References) Details of the Share Repurchase resolved by Board of Directors on March 31, 2023 (1). Class of shares to be repurchased Common stock (2). Total number of shares to be repurchased Up to 10,000,000 shares (Represents approximately 4.3% of the total number of outstanding shares (excluding treasury stock)) (3). Total purchase price for repurchase of shares Up to 30 billion yen (4). Period of repurchase April 10, 2023 to September 29, 2023 (5). Method of repurchase Purchase on the Tokyo Stock Exchange
