Mitsubishi (TYO:8058)has repurchased 93.1 million shares through a 2,291-per-share tender offer, spending approximately 213 billion yen as part of its authorized 1 trillion buyback program.
The company will now shift to open-market purchases for the remaining 786.7 billion shares allocation through March 2026, following its April board resolution to cancel repurchased shares.
Settlement for the tender offer shares will begin May 28, according to its Tokyo bourse filing on May 3.
Price (JPY): $2640.50, Change: $-47, Percent Change: -1.73%
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