Mizuho Financial Group ( (JP:8411) ) has issued an update.
Mizuho Financial Group has completed the repurchase of its common stock as per its Board of Directors’ resolution from November 2024. The company repurchased 4,479,400 shares for approximately ¥19.1 billion and plans to cancel 25,492,100 shares, which is about 1% of its total outstanding shares. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value.
More about Mizuho Financial Group
Mizuho Financial Group, Inc. is a prominent financial services company based in Tokyo, Japan. It operates primarily in the banking sector, offering a wide range of financial products and services including corporate banking, retail banking, and investment banking. The company is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing comprehensive financial solutions to its clients.
YTD Price Performance: 20.28%
Average Trading Volume: 2,136
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $70.38B
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