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An update from Mitsubishi Gas Chemical Company ( (JP:4182) ) is now available.
Mitsubishi Gas Chemical Company announced the repurchase of 1,523,200 of its own shares for a total cost of approximately 4.15 billion yen between December 1 and December 31, 2024. This repurchase is part of a broader initiative approved by the board to buy back up to 5.6 million shares, which reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Mitsubishi Gas Chemical Company
Mitsubishi Gas Chemical Company, Inc. operates in the chemical industry, focusing on the production and distribution of gas chemicals, aromatic chemicals, specialty chemicals, and advanced materials. The company is listed on the Prime Market of the Tokyo Stock Exchange under the securities code 4182.
YTD Price Performance: -0.48%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.58B
Learn more about 4182 stock on TipRanks’ Stock Analysis page.