Mitsui & Co ( (JP:8031) ) has shared an announcement.
Mitsui & Co., Ltd. announced the completion of its share repurchase program, reaching the upper limit set by its Board of Directors. The company repurchased a total of 122,138,700 common shares at a cost of approximately 400 billion yen, with a significant portion of these shares scheduled for cancellation. This strategic move is expected to optimize Mitsui’s capital structure and potentially enhance shareholder value, reflecting the company’s commitment to efficient capital management.
More about Mitsui & Co
Mitsui & Co., Ltd. is a diversified trading company engaged in a wide range of businesses, including energy, machinery, chemicals, food, and logistics, with a focus on global market operations.
YTD Price Performance: -14.61%
Average Trading Volume: 8,816
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $55.58B
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