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MUFG Completes Major Stock Buyback Initiative
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MUFG Completes Major Stock Buyback Initiative

Mitsubishi UFJ (MUFG) has released an update.

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Mitsubishi UFJ Financial Group, Inc. (MUFG) has completed a significant repurchase of its common stock, with 37,026,800 shares bought back at a total cost of ¥59,801,695,922. The repurchase, carried out on the Tokyo Stock Exchange from June 1 to June 21, 2024, is part of a larger plan approved by the Board of Directors to buy back up to 80 million shares. This strategic move signals MUFG’s confidence in its stock and commitment to shareholder value.

For further insights into MUFG stock, check out TipRanks’ Stock Analysis page.

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