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Mitsubishi Electric ( (JP:6503) ) has issued an announcement.
Mitsubishi Electric Corporation announced the conclusion of its stock repurchase program, initially approved in April 2025. The company successfully repurchased 29,893,600 shares, with an aggregate value of approximately JPY 99.99 billion, through market trades on the Tokyo Stock Exchange. This strategic move is likely to impact the company’s market positioning and shareholder value positively.
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. The company operates in various sectors including information processing, communications, space development, consumer electronics, industrial technology, energy, transportation, and building equipment. With over a century of experience, Mitsubishi Electric is committed to enriching society through technology, as reflected in its motto ‘Changes for the Better.’ The company reported a revenue of 5,521.7 billion yen for the fiscal year ending March 31, 2025.
Average Trading Volume: 5,642,688
Technical Sentiment Signal: Buy
Current Market Cap: Yen8837.1B
For a thorough assessment of 6503 stock, go to TipRanks’ Stock Analysis page.