Reported 29 days ago
Japanese trading firm Mitsui & Co. has announced it will double its share buyback plan to 400 billion yen (approximately $2.8 billion) in an effort to enhance shareholder returns and improve capital efficiency. The buyback period has been extended to February 28, 2025, from the original September 20, 2024. Following the announcement, Mitsui's shares rallied, gaining up to 4.7%.
Source: YAHOO