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Mizuho Financial Group Advances Stock Repurchase Program

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Mizuho Financial Group Advances Stock Repurchase Program

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Mizuho Financial Group ( (JP:8411) ) has shared an announcement.

Mizuho Financial Group has announced the progress of its common stock repurchase program, reporting the repurchase of 5,360,800 shares at a total cost of ¥21,465,730,700 from January 1 to January 31, 2025, utilizing a market purchase trust method. This initiative is part of a broader plan to repurchase up to 50 million shares, reflecting the company’s strategic efforts to enhance shareholder value and optimize capital structure, which could have implications for its market positioning and stakeholder interests.

More about Mizuho Financial Group

Mizuho Financial Group, Inc. is a major financial institution based in Tokyo, Japan, operating primarily in the banking and financial services industry. The company is listed on the Tokyo Stock Exchange and provides a wide range of services including banking, trust banking, securities, and other financial services.

YTD Price Performance: 12.68%

Average Trading Volume: 1,705

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $70.12B

Learn more about 8411 stock on TipRanks’ Stock Analysis page.

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