Mitsubishi Electric updates on share repurchase progress
Mitsubishi Electric Corporation announced the status of its common stock repurchase program, detailing acquisitions made from August 1 to August 31, 2025. During this period, the company repurchased 4,858,800 shares at an aggregate value of 17,627,411,200 yen through market trades on the Tokyo Stock Exchange. This initiative aligns with the resolution passed by the board of directors on April 28, 2025.
The board's resolution approved a maximum repurchase of 60,000,000 shares, representing 2.89% of issued and outstanding shares (excluding treasury stock), with an aggregate value limit of 100 billion yen. The repurchase period spans from April 30, 2025, to October 31, 2025. As of August 31, 2025, cumulative repurchases under this resolution total 21,449,600 shares, with an aggregate value of 67,627,362,300 yen.
Mitsubishi Electric noted that the full amount of authorized repurchases might not be completed, depending on market conditions and other factors. These repurchases reflect the company’s ongoing efforts to manage its capital structure.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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