Mitsubishi (JP:8058) has released an update.
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Mitsubishi Corporation has actively bought back its own shares, repurchasing a substantial 16.3 million shares for approximately 52.5 billion yen from June 1 to June 30, 2024. This move is part of a larger buyback plan authorized by the Board on February 6, 2024, allowing for up to 500 billion yen in repurchases, indicating a strong financial strategy and potentially impacting investor sentiment.
For further insights into JP:8058 stock, check out TipRanks’ Stock Analysis page.
