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

MT Newswires Live

Sep 12, 2024

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%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2466291504"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2466291504\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2466291504?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-12 09:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2466291504","market":"hk","top_or_hot":-1,"title":"Mitsui & Co Doubles Size of Share Buyback to Up to 400 Billion Yen","media":"MT Newswires Live","content":"<html><body><p>Mitsui &amp; 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>","source":"mtnewswires_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mitsui & Co Doubles Size of Share Buyback to Up to 400 Billion Yen</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMitsui & Co Doubles Size of Share Buyback to Up to 400 Billion Yen\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-12 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TYO","symbol_name":"3倍做空7-10年期国债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"}}}