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M'bishi Motors: preferred shares converted into $68 mln worth common stock

TOKYO, Oct 10 (Reuters) - Mitsubishi Motors Corpsaid on Wednesday that one or more shareholders had converted5,300 preferred shares into 74.6 million new common shares at 71yen per share, or worth 5.3 billion yen ($67.8 million) sincethe start of October.

The carmaker now has 11,800 preferred shares issued thathave yet to be converted into common stock.($1 = 78.1850 Japanese yen)

(Reporting by Mayumi Negishi; Editing by Chris Gallagher)

((mayumi.negishi@thomsonreuters.com)(+81-3-6441-1812)(Reuters

Messaging: mayumi.negishi.reuters.com@reuters.net))

Keywords: MITSUBISHIMOTORS SHARES/