Mitsui & Co (JP:8031) has released an update.
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Mitsui & Co., Ltd. has announced the completion of a share repurchase program, acquiring 58,080,000 shares at a cost of nearly 200 billion yen by September 30, 2024. The company also confirmed the cancellation of the same number of treasury stocks, which is expected to reduce the total outstanding shares to 2,969,306,972 on October 1, 2024. This move is part of Mitsui’s strategic financial management, aiming to optimize shareholder value.
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