Mitsubishi Electric Concludes Stock Buyback Program

Mitsubishi Electric (JP:6503) has released an update.

Mitsubishi Electric Corporation has completed a stock repurchase program, buying back 3,388,200 shares for a total of 8.11 billion yen between October 1 and October 9, 2024. This repurchase was part of a broader buyback plan approved by the company’s Board of Directors, which authorized the repurchase of up to 20 million shares with a maximum value of 30 billion yen. Mitsubishi Electric is a global leader in electronics, boasting over a century of experience in various technology sectors.

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