Mitsubishi Electric (JP:6503) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Mitsubishi Electric Corporation has completed a stock repurchase program, buying back 3,388,200 shares for a total of 8.11 billion yen between October 1 and October 9, 2024. This repurchase was part of a broader buyback plan approved by the company’s Board of Directors, which authorized the repurchase of up to 20 million shares with a maximum value of 30 billion yen. Mitsubishi Electric is a global leader in electronics, boasting over a century of experience in various technology sectors.
For further insights into JP:6503 stock, check out TipRanks’ Stock Analysis page.