Mitsubishi UFJ Financial Group ( (JP:8306) ) has issued an update.
MUFG has completed the repurchase of its common stock as per the resolution passed by its Board of Directors in November 2024. The repurchase involved acquiring 30,078,300 shares at a total price of ¥59,475,588,658 through market purchases on the Tokyo Stock Exchange. This strategic move is part of MUFG’s ongoing efforts to optimize its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to delivering long-term value to its stakeholders.
More about Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group, Inc. (MUFG) is a leading global financial group headquartered in Tokyo, with a history spanning over 360 years. It operates a vast network of approximately 2,000 locations across more than 40 countries. The group provides a wide range of services, including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG aims to be the world’s most trusted financial group, committed to meeting the financial needs of its customers and fostering sustainable growth.
YTD Price Performance: 23.13%
Average Trading Volume: 94,255
Technical Sentiment Signal: Sell
Current Market Cap: $162.7B
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