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MUFG Announces Stock Repurchase to Enhance Shareholder Returns

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Mitsubishi UFJ Financial Group ( (JP:8306) ) just unveiled an announcement.

MUFG has announced a decision to repurchase up to 175 million of its common shares, representing 1.52% of its total outstanding shares, with a maximum repurchase price of ¥250 billion. This move is part of MUFG’s strategy to enhance shareholder returns and improve capital efficiency, considering its business performance, capital situation, and market conditions.

The most recent analyst rating on (JP:8306) stock is a Buy with a Yen2150.00 price target. To see the full list of analyst forecasts on Mitsubishi UFJ Financial Group stock, see the JP:8306 Stock Forecast page.

More about Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc. (MUFG) is a leading global financial group headquartered in Tokyo with a history spanning over 360 years. It operates a vast network in more than 40 countries, employing around 140,000 people. MUFG offers a wide range of services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing, aiming to be the world’s most trusted financial group.

Average Trading Volume: 65,769,829

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen21580.3B

See more data about 8306 stock on TipRanks’ Stock Analysis page.

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