MUFG Completes Major Stock Buyback Initiative

Mitsubishi UFJ (MUFG) has released an update.

Mitsubishi UFJ Financial Group, Inc. (MUFG) has completed a significant repurchase of its common stock, with 37,026,800 shares bought back at a total cost of ¥59,801,695,922. The repurchase, carried out on the Tokyo Stock Exchange from June 1 to June 21, 2024, is part of a larger plan approved by the Board of Directors to buy back up to 80 million shares. This strategic move signals MUFG’s confidence in its stock and commitment to shareholder value.

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