Mitsubishi Estate Completes Share Buyback Phase

Mitsubishi Estate Company (JP:8802) has released an update.

Mitsubishi Estate Co., Ltd. has completed a share repurchase program, buying back 4,042,600 of its common shares for a total price of 9.5 billion yen between August 1, 2024, and August 31, 2024. This is part of a larger buyback plan authorized by the board of directors on May 10, 2024, with an upper limit of 32 million shares and a maximum expenditure of 50 billion yen, to be conducted through open market purchases on the Tokyo Stock Exchange.

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