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The latest update is out from Mitsubishi Electric ( (JP:6503) ).
Mitsubishi Electric Corporation announced the disposal of 329,400 shares of treasury stock as part of its stock compensation plan to enhance the motivation of its executive officers. The disposal is expected to have minimal impact on the stock market due to the small dilution scale, and it aims to align executive interests with long-term corporate value improvement.
The most recent analyst rating on (JP:6503) stock is a Buy with a Yen4599.00 price target. To see the full list of analyst forecasts on Mitsubishi Electric stock, see the JP:6503 Stock Forecast page.
More about Mitsubishi Electric
Mitsubishi Electric Corporation is a global leader in the manufacture, marketing, and sales of electrical and electronic equipment, with expertise in information processing, communications, consumer electronics, industrial technology, energy, transportation, and building equipment. The company is committed to enriching society through technology and recorded a revenue of 5,521.7 billion yen in the fiscal year ending March 31, 2025.
Average Trading Volume: 5,658,116
Technical Sentiment Signal: Buy
Current Market Cap: Yen9070.3B
For an in-depth examination of 6503 stock, go to TipRanks’ Overview page.