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Mizuho Financial Group Announces Strategic Share Repurchase and Cancellation

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An update from Mizuho Financial Group ( (JP:8411) ) is now available.

Mizuho Financial Group announced a strategic move to repurchase and subsequently cancel up to 40 million shares of its common stock, representing 1.6% of its total outstanding shares, as part of its capital policy to balance capital adequacy, growth investment, and shareholder returns. This decision, which aligns with the company’s policy of increasing dividends and executing flexible share buybacks, is expected to enhance shareholder value and optimize the company’s capital structure.

The most recent analyst rating on (JP:8411) stock is a Buy with a Yen4570.00 price target. To see the full list of analyst forecasts on Mizuho Financial Group stock, see the JP:8411 Stock Forecast page.

More about Mizuho Financial Group

Mizuho Financial Group, Inc. is a prominent player in the financial services industry, primarily offering banking, trust banking, and securities services. The company is headquartered in Tokyo and is listed on the Prime Market of the Tokyo Stock Exchange, focusing on providing comprehensive financial solutions to its clients.

Average Trading Volume: 12,885,969

Technical Sentiment Signal: Buy

Current Market Cap: Yen9497.2B

See more data about 8411 stock on TipRanks’ Stock Analysis page.

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