Mitsubishi (JP:8058) has released an update.
Mitsubishi Corporation has successfully completed its share repurchase program, buying back 156,627,000 shares for a total cost of approximately 500 billion yen. This buyback represents about 3.7% of the company’s outstanding shares, which will be cancelled by October 31, 2024, reducing the total number of shares outstanding to 4,022,391,153. The repurchase was carried out on the Tokyo Stock Exchange between February 7 and September 17, 2024.
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