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TOKYO - Mitsubishi Corporation has repurchased 20,427,200 shares of its common stock for approximately ¥64.56 billion ($430 million) during August 2025, according to a company statement released Monday.
The repurchases were conducted as part of the Japanese trading company’s larger share buyback program approved by its Board of Directors on April 3, 2025. Under this program, Mitsubishi plans to repurchase up to 689 million shares worth up to ¥1 trillion by March 31, 2026.
Since the program’s inception in April, Mitsubishi has repurchased a total of 194,712,411 shares for approximately ¥512.31 billion, representing about 51.2% of the total authorized repurchase amount.
The August repurchases follow a tender offer conducted earlier this year between April 4 and May 2, which resulted in the acquisition of 93,109,311 shares for ¥213.31 billion. The settlement of this tender offer was completed on May 28.
Share repurchase programs are typically implemented by companies to return value to shareholders, support share prices, or optimize capital structures.
The company filed its report with the Tokyo Stock Exchange on September 1, as required by Japanese securities regulations.
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