Mitsubishi UFJ Financial Group to Repurchase and Cancel Stock

Mitsubishi UFJ Financial Group (JP:8306) has released an update.

Mitsubishi UFJ Financial Group has announced plans to repurchase and cancel a portion of its common stock to enhance shareholder returns and improve capital efficiency. The repurchase will involve up to 230 million shares, with a budget of ¥300 billion, during the period from November 15, 2024, to March 31, 2025. The company aims to maintain an optimal balance between equity capital and strategic investments for growth.

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