Mitsui Matsumura Holdings <1518> announced on the 9th that it has resolved matters related to the acquisition of its own shares based on the provisions of Article 459, Paragraph 1 of the Company Act.

The company's basic policy is to continue to return profits to shareholders based on business performance while ensuring internal reserves necessary to respond to future stable corporate growth and changes in the business environment. As a result of comprehensive consideration of performance trends and other factors, we plan to acquire our own shares for the purpose of pursuing flexible capital policies and utilizing M&A.

The upper limit of the total acquisition price of the shares is 3 billion yen, and the upper limit of the total number of shares to be acquired is 0.6 million shares (5.1% of the total number of issued shares excluding treasury shares).

The acquisition period is from August 19, 2024 to November 18, 2024, and the acquisition will be conducted through market purchases on the Tokyo Stock Exchange.