TOKYO--(BUSINESS WIRE)--The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) resolved, at a meeting of the Board of Directors held today, to acquire First Series of Class 7 Preferred Shares issued by BTMU, in accordance with the provisions of Article 18, Paragraph 1 of the Articles of Incorporation of BTMU, as set forth below.
Description of Acquisition | |||
(1) Class of Shares to be Acquired: | First Series of Class 7 Preferred Shares | ||
(2) Aggregate Number of Shares to be Acquired: | 156,000,000 shares | ||
(3) Acquisition Price: | ¥ 2,500 per share | ||
(4) Aggregate Amount of Acquisition Price: | ¥ 390,000,000,000 | ||
(5) Acquisition Date: | April 1, 2014 |