tiprankstipranks
Mitsubishi Estate Progresses Share Buyback Program
Company Announcements

Mitsubishi Estate Progresses Share Buyback Program

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

Don't Miss our Black Friday Offers:

Mitsubishi Estate Co., Ltd. has completed the repurchase of 3,158,900 of its own common shares for a total cost of 8,180,912,150 yen between July 1 and July 31, 2024. This repurchase is part of a larger buyback program resolved by the board on May 10, 2024, which allows for the acquisition of up to 32 million shares for a maximum of 50 billion yen by November 11, 2024. As of the end of July 2024, the company has cumulatively repurchased 8,380,800 shares for 21,814,106,050 yen.

For further insights into JP:8802 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskMitsubishi Estate’s Growth and Governance Strategy
TipRanks Japan Auto-Generated NewsdeskMitsubishi Estate Completes Share Repurchase Program
TipRanks Japan Auto-Generated NewsdeskMitsubishi Estate Reports Strong 2Q Profits Amidst Stable Outlook
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App