Mitsubishi Estate Company (JP:8802) has released an update.
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Mitsubishi Estate Co., Ltd. has repurchased 4,151,600 of its common shares, totaling approximately 9.7 billion yen, through open market transactions on the Tokyo Stock Exchange during October 2024. This move is part of a broader share buyback program initiated in May 2024, aimed at repurchasing up to 32 million shares for a maximum of 50 billion yen, to enhance shareholder value. As of the end of October, the company has repurchased 19,266,300 shares, amounting to over 47 billion yen.
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