UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

For the month of October 2022

Commission File No. 000-54189

 

 

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

 

 

7-1, Marunouchi 2-chome, Chiyoda-ku

Tokyo 100-8330, Japan

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or

will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F       X                 Form 40-F              

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(7):

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 28, 2022

 

Mitsubishi UFJ Financial Group, Inc. (MUFG)

Notice Regarding Progress and Completion of Repurchase and

Cancellation of Common Stock

(Repurchase of common stock pursuant to the provisions of Article 156, Paragraph 1 of the Companies Act, in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and MUFG’s Articles of Incorporation, and cancellation of a portion of treasury stock pursuant to the provisions of Article 178 of the Companies Act)

Tokyo, October 28, 2022 — MUFG today announced the progress on repurchase of its common stock pursuant to the provisions of Article 156, Paragraph 1 of the Companies Act of Japan and in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and Article 44 of the Articles of Incorporation of MUFG. The repurchase of common stock pursuant to the resolution of the meeting of the Board of Directors held on May 16, 2022 has completed as a result of the following repurchase.

All treasury shares repurchased based on the resolution will be cancelled pursuant to the provision of Article 178 of the Company Act.

 

1.	Progress on Repurchase of Common Stock

 

(1)		Stock repurchased		MUFG common stock
(2)		Aggregate shares repurchased		91,628,300 shares
(3)		Aggregate amount of repurchase price		¥ 61,352,539,787
(4)		Repurchase period		From October 1, 2022 to October 28, 2022
(5)		Repurchase method		Market purchases on the Tokyo Stock Exchange

 

2.	Cancellation of Common Stock

 

(1)		Stock to be cancelled		MUFG common stock
(2)		Aggregate shares to be cancelled		418,926,300 shares
(3)		Cancellation date		November 30, 2022

 

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(Reference)

 

i.	Outline of the resolution with respect to repurchase of common stock at a meeting of Board of Directors held on May 16, 2022

 

(1)		Stock to be repurchased		MUFG common stock
(2)		Aggregate shares to be repurchased		Up to 600,000,000 shares (4.7% of total shares outstanding excluding treasury stock)
(3)		Aggregate amount of repurchase price		Up to ¥300,000,000,000
(4)		Repurchase period		From May 17, 2022 to November 11, 2022
(5)		Repurchase method		Market purchases on the Tokyo Stock Exchange

 

ii.	Cumulative progress on stock repurchase until October 28, 2022 pursuant to the above resolution

 

(1)		Accumulated shares repurchased		418,926,300 shares
(2)		Accumulated amount of repurchase price		¥ 299,999,909,768

 

iii.	Outline of the resolution with respect to cancellation of common stock at a meeting of Board of Directors held on May 16, 2022

 

(1)		Stock to be cancelled		MUFG common stock
(2)		Aggregate shares to be cancelled		All treasury shares repurchased based on Section i above
(3)		Cancellation date		November 30, 2022

 

iv.	Treasury Stock as of September 30, 2022

 

		Total shares outstanding (excluding treasury stock)				12,320,727,114 shares
		Treasury stock				961,268,006 shares

- End -

 

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About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

Press contact:

Takeshi Itou

Public Relations Division

Tokyo/Head Office

Mitsubishi UFJ Financial Group, Inc.

T +81-3-5218-1815

E takeshi_12_itou@mufg.jp

 

This notice contains forward-looking statements regarding estimates, forecasts, etc. in relation to the results of operations, financial conditions and other general management of MUFG and/or the group as a whole (the “forward-looking statements”). The forward-looking statements are made based upon, among other things, MUFG’s current estimates, perceptions and evaluations. In addition, in order for MUFG to adopt such estimates, forecasts, etc. regarding future events, certain assumptions have been made. Accordingly, the statements and assumptions are inherently not guarantees of future performance and may result in inaccuracy from an objective point of view and in material differences from actual results. There exist a number of factors that might lead to uncertainties and risks. For the main matters that may be currently forecast, please see the most recent Financial Highlights, the Annual Securities Report, Disclosure Book, Annual Report, and other disclosures that MUFG has announced.

 

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