Mitsui & Co Doubles Size of Share Buyback to Up to 400 Billion Yen

MT Newswires Live

2024/09/12

Mitsui & Co (TYO:8031), a trading house with operations in energy, metals, and machinery, has doubled its share repurchase budget to up to 400 billion yen and extended the buyback period to Feb. 28, 2025, according to a Wednesday filing on the Tokyo Stock Exchange.

The company now plans to repurchase up to 180 million shares, representing 6% of outstanding shares.

All repurchased shares will be canceled, with shares bought by Sept. 20 set for cancellation on Oct. 1, and those purchased by Feb. 28, 2025, will be canceled on March 5.

Shares of the company were up 2% in recent trade.

Price (JPY): $2904.50, Change: $+68, Percent Change: +2.38%

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Co Doubles Size of Share Buyback to Up to 400 Billion Yen</p><p> Mitsui &amp; Co (TYO:8031), a trading house with operations in energy, metals, and machinery, has doubled its share repurchase budget to up to 400 billion yen and extended the buyback period to Feb. 28, 2025, according to a Wednesday filing on the Tokyo Stock Exchange.</p><p>The company now plans to repurchase up to 180 million shares, representing 6% of outstanding shares.</p><p>All repurchased shares will be canceled, with shares bought by Sept. 20 set for cancellation on Oct. 1, and those purchased by Feb. 28, 2025, will be canceled on March 5.</p><p>Shares of the company were up 2% in recent trade.</p><p>Price (JPY): $2904.50, Change: $+68, Percent Change: +2.38%</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.mtnewswires.com/\">MT Newswires Live</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TYO","symbol_name":"3倍沽空7-10年期國債ETF-Direxion","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2466291504","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466291504","pubTimestamp":1726104754,"columns":[],"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Mitsui & Co Doubles Size of Share Buyback to Up to 400 Billion Yen Mitsui & Co (TYO:8031), a trading","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TYO":"3倍做空7-10年期国债ETF-Direxion"},"translate_title":"三井物产股票回购规模翻倍至4000亿日元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TYO":1},"content_text":"Mitsui & Co Doubles Size of Share Buyback to Up to 400 Billion Yen Mitsui & Co (TYO:8031), a trading house with operations in energy, metals, and machinery, has doubled its share repurchase budget to up to 400 billion yen and extended the buyback period to Feb. 28, 2025, according to a Wednesday filing on the Tokyo Stock Exchange.The company now plans to repurchase up to 180 million shares, representing 6% of outstanding shares.All repurchased shares will be canceled, with shares bought by Sept. 20 set for cancellation on Oct. 1, and those purchased by Feb. 28, 2025, will be canceled on March 5.Shares of the company were up 2% in recent trade.Price (JPY): $2904.50, Change: $+68, Percent Change: +2.38%","kind":"live","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}