Mitsui & Co (JP:8031) has released an update.
Mitsui & Co., Ltd. has announced an expansion of its share repurchase program, increasing the total number of shares to be bought back from 40 million to 180 million, and doubling the repurchase fund from 200 billion yen to 400 billion yen. The repurchase period has also been extended until February 28, 2025, with all repurchased shares set to be cancelled by March 5, 2025, to enhance shareholder returns and improve capital efficiency.
For further insights into JP:8031 stock, check out TipRanks’ Stock Analysis page.
