Mitsubishi Electric (JP:6503) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Mitsubishi Electric Corporation has announced the completion of a stock repurchase program, acquiring 8,692,700 shares for a total of JPY 19.89 billion during September 2024. This repurchase is part of a larger plan authorized by their Board of Directors to buy back up to 20 million shares, aiming for a maximum expenditure of JPY 30 billion by the end of October 2024. The repurchases are executed through market trades on the Tokyo Stock Exchange.
For further insights into JP:6503 stock, check out TipRanks’ Stock Analysis page.