Mitsui & Co., Ltd. (TSE:8031) announces a share repurchase program. Under the program, the company will repurchase up to 40,000,000 shares of common stock, representing 2.66% of its issued capital for ¥200,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. The share repurchase program is valid until September 20, 2024. As of September 30, 2023, the company had 1,504,631,668 shares outstanding (excluding treasury shares) and had 8,957,500 shares in treasury.

On May 1, 2024, the company announced a two-for-one stock split effective on July 1, 2024. Each stockholder of record as of the close of business on June 30, 2024 will receive one additional shares of Company common stock for each share then held.