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Mitsubishi Chemical Completes Treasury Share Acquisition

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Mitsubishi Chemical Completes Treasury Share Acquisition

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Mitsubishi Chemical Holdings ( (JP:4188) ) has provided an announcement.

Mitsubishi Chemical Group Corporation has completed the acquisition of 889,200 treasury shares valued at JPY 720,259,790, as part of a resolution made by its Board of Directors. This acquisition is part of a larger plan to purchase up to 100 million shares, reflecting the company’s strategic financial management and potential impact on shareholder value.

The most recent analyst rating on (JP:4188) stock is a Buy with a Yen1000.00 price target. To see the full list of analyst forecasts on Mitsubishi Chemical Holdings stock, see the JP:4188 Stock Forecast page.

More about Mitsubishi Chemical Holdings

Mitsubishi Chemical Group Corporation operates in the chemical industry, focusing on the production and development of chemical products and solutions. It is listed on the Prime Market of the Tokyo Stock Exchange and is led by President and CEO Manabu Chikumoto.

YTD Price Performance: -0.36%

Average Trading Volume: 7,285,212

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1109.4B

See more data about 4188 stock on TipRanks’ Stock Analysis page.

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