JT share offering specified

Japan Tobacco Inc. said today that the Minister of Finance had decided the terms of the secondary share offerings that it would be making in respect of the company’s common stock.

In all, 253,261,800 shares will be offered, made up of an international offering of 107,636,300 shares and a Japanese offering of 145,625,500 shares.

The offer price will be ¥2,949 per share; so the total value of the offering will be ¥746,869,048,200.

The subscription period for the Japanese offering is from March 12 to March 13, and the delivery date is March 15.