Mitsubishi Logistics Completes Share Repurchase for Restricted Stock Awards

TOKYO, Jul 21 (Pulse News Wire) – Mitsubishi Logistics Corporation (9301.T) completed the payment procedures for the repurchase of its own shares as part of restricted stock awards. The repurchase was approved during the board meeting held on June 26, 2026.

A total of 78,913 ordinary shares were repurchased at a price of ¥1,492 per share, amounting to a total value of ¥117.7 million. This transaction involved five directors, excluding external directors, who received 53,986 shares.

Additionally, twelve executive officers received 24,927 shares. Details of the repurchase can be found in the previous announcement dated June 26, 2026.

The completion of this process marks an important milestone for Mitsubishi Logistics as it aligns with their ongoing efforts to reward key personnel through equity-based compensation plans.