Mitsubishi UFJ Financial Group (TYO:8306) board approved a share repurchase plan of up to 175 million shares, or 1.52% of outstanding stock, for a maximum of 250 billion yen, according to a Tokyo Stock Exchange filing.
The buyback, running from May 16 to July 31, will be conducted via market purchases on the Tokyo Stock Exchange.
MUFG said the move aims to enhance shareholder returns and improve capital efficiency, while maintaining flexibility for strategic investments.
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