Mitsubishi Corp plans to buy up to 10% of its shares worth $3.37 billion

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On February 6, 2024 at 7:20 am

Mitsubishi Corp plans to buy up to 10% of its shares worth $3.37 billion

Mitsubishi Corp said on Tuesday it plans to spend up to 500 billion yen ($3.37 billion) to buy up to 10% of its shares.

The purchase will take place between February 7 and September 30, the company said in a statement. The company also plans to retire all shares in a planned buyback on October 31. ($1 = yen 148.4000) (Reporting by Mariko Katsumura; Editing by Jacqueline Wong)

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