Mitsubishi Electric Approves Share Buyback of Up to JPY 200 Billion
Bitget2026/10/30 06:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Mitsubishi Electric’s board resolved on October 30, 2026, to launch a share repurchase program.
- The buyback covers up to 80,000,000 common shares, representing 3.91% of outstanding shares excluding treasury stock, for up to JPY 200 billion.
- Repurchases will run from November 1, 2026, through March 31, 2027, through market trades on the Tokyo Stock Exchange.
- Executive officers separately resolved the same day to cancel 23,000,000 treasury shares of common stock, representing 1.09% of issued shares before cancellation.
- The cancellation is scheduled for November 30, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitsubishi Electric Corporation published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.
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