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MUFG Reports Progress on Stock Repurchase Program
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MUFG Reports Progress on Stock Repurchase Program

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An announcement from Mitsubishi UFJ Financial Group ( (JP:8306) ) is now available.

MUFG announced progress in its ongoing stock repurchase program, which involves buying back common stock in accordance with the Japanese Companies Act. From January 1 to January 31, 2025, MUFG repurchased 31,522,200 shares at a total cost of ¥60,076,793,000 through market purchases on the Tokyo Stock Exchange. This is part of a larger plan approved by the Board of Directors in November 2024 to repurchase up to 230,000,000 shares by March 31, 2025. The initiative reflects MUFG’s strategy to manage its capital structure and enhance shareholder value.

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. The company operates a vast network across more than 40 countries, employing around 140,000 people. MUFG offers a comprehensive range of services, including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The group’s mission is to be the world’s most trusted financial group, fostering sustainable growth and serving society through collaboration among its operating companies.

YTD Price Performance: 14.53%

Average Trading Volume: 73,172

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $143.8B

See more data about 8306 stock on TipRanks’ Stock Analysis page.

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