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Mitsubishi UFJ Financial Group to Repurchase and Cancel Stock
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Mitsubishi UFJ Financial Group to Repurchase and Cancel Stock

Mitsubishi UFJ Financial Group (JP:8306) has released an update.

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Mitsubishi UFJ Financial Group has announced plans to repurchase and cancel a portion of its common stock to enhance shareholder returns and improve capital efficiency. The repurchase will involve up to 230 million shares, with a budget of ¥300 billion, during the period from November 15, 2024, to March 31, 2025. The company aims to maintain an optimal balance between equity capital and strategic investments for growth.

For further insights into JP:8306 stock, check out TipRanks’ Stock Analysis page.

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