Mitsui agreed Penske deal while Mitsui & Co stock costs EUR 27.92

Published on 10/20/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mitsui agreed to raise its Penske stake to 36.00 percent in a USD 13.90 billion deal. Mitsui & Co stock costs EUR 27.92 on October 20, 2026.

Transaction and market details

Mitsui agreed on October 15, 2026 to raise its Penske stake to 36.00 percent.
The company completed a buyback of 8,285,900 shares between August and September 2026.
Mitsui & Co stock was trading at EUR 27.92 at 10:04 a.m. CEST at Lang & Schwarz on October 20, 2026.

Mitsui-Soko, JP3893600001, Illustration mit AI erstellt.

Mitsui & Co (ISIN JP3893600001) stock was trading at EUR 27.92 at Lang & Schwarz on October 20, 2026 at 10:04 a.m. CEST. On October 15, 2026, Mitsui agreed with Penske Automotive Group to acquire the target's public float in a transaction valued at USD 13.90 billion, according to Japan IR.

Penske stake reaches 36 percent

The agreement would lift Mitsui's ownership in Penske from 20.30 percent to approximately 36.00 percent. Penske would increase its own stake from approximately 52.10 percent to approximately 64.00 percent, while the buyer group would pay USD 212.00 per share for approximately 18.29 million shares.

The proposed tender is expected in the fourth quarter of the fiscal year ending March 2027. Regulatory approvals and shareholder approval remain part of the process, and the transaction is not included in Mitsui's medium-term plan through 2029, according to Japan IR.

What does 36 percent mean?

The higher stake gives Mitsui a larger economic position in Penske, but the earnings effect is expected to be limited for the fiscal year ending March 2027. The source says additional earnings contributions are expected from 2028 as ownership increases, leaving execution and regulatory clearance as the immediate variables.

Buyback adds a second capital signal

The Penske agreement follows Mitsui's completed repurchase of 8,285,900 shares between August and September for JPY 42.11 billion, equal to 0.29 percent of outstanding equity. Simply Wall St reported the completed repurchase on October 13, 2026.

For investors, the two actions point to an active capital-allocation agenda: Mitsui is returning capital through repurchases while committing to a larger position in a mobility business. The deal's USD 212.00 per-share consideration and the planned 36.00 percent ownership provide concrete benchmarks for assessing the transaction.

Next results date is November 4

Mitsui has scheduled its announcement of financial results for the six-month period ended September 30, 2026, for November 4, 2026, according to the company's investor-relations page. That release is the next dated checkpoint for the business and will place the Penske commitment alongside the company's latest interim performance.

Stock quote in euros

The Mitsui & Co quote was EUR 27.92 at Lang & Schwarz on October 20, 2026 at 10:04 a.m. CEST. The company is listed on the Tokyo Stock Exchange under ticker 8031.T and operates as a diversified industrial conglomerate, according to El Fondo. The further course of trading is shown by the continuously updated real-time quote of Mitsui & Co stock.