Mitsubishi Corporation Advances Share Buyback
Company Announcements

Mitsubishi Corporation Advances Share Buyback

Mitsubishi (JP:8058) has released an update.

Mitsubishi Corporation has actively pursued its share buyback program, repurchasing 25,042,800 shares for a total cost of 72.5 billion yen in August 2024. This buyback is part of a larger plan, announced in February, to acquire up to 417 million shares, amounting to a maximum of 500 billion yen, by the end of September 2024. These moves reflect the company’s strategic efforts to manage its capital and potentially enhance shareholder value.

For further insights into JP:8058 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskMitsubishi Unveils $5 Billion Euro Note Programme
Brian AndersonMSBHF Earnings this Week: How Will it Perform?
TipRanks UK Auto-Generated NewsdeskMitsubishi Corporation Updates Governance Report 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App