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Mitsubishi Electric ( (JP:6503) ) has issued an update.
Mitsubishi Electric announced the status of its stock repurchase program, initially approved by the Board of Directors in April 2025. The company repurchased 4,028,300 shares valued at JPY 11,923,891,600 between June 1 and June 30, 2025, as part of a larger plan to buy back up to 60 million shares by October 31, 2025. This move is part of Mitsubishi Electric’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:6503) stock is a Buy with a Yen3400.00 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, serving industries such as information processing, communications, space development, consumer electronics, industrial technology, energy, transportation, and building equipment. With over a century of experience, the company is committed to technological innovation and recorded a revenue of 5,521.7 billion yen in the fiscal year ending March 31, 2025.
Average Trading Volume: 6,627,793
Technical Sentiment Signal: Buy
Current Market Cap: Yen6601.6B
See more insights into 6503 stock on TipRanks’ Stock Analysis page.