Mitsubishi Electric Reports Progress on Stock Repurchase Plan

The latest announcement is out from Mitsubishi Electric ( (JP:6503) ).

Mitsubishi Electric Corporation announced the status of its stock repurchase plan, which was approved by its Board of Directors. The company repurchased 5,948,200 shares valued at JPY 17,317,061,500 between May 1 and May 31, 2025, as part of a larger plan to buy back up to 60 million shares worth JPY 100 billion by October 31, 2025. This move is part of Mitsubishi Electric’s strategy to enhance shareholder value and optimize its capital structure.

The most recent analyst rating on (JP:6503) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Mitsubishi Electric stock, see the JP:6503 Stock Forecast page.

More about Mitsubishi Electric

Mitsubishi Electric Corporation is a global leader in the manufacture, marketing, and sales of electrical and electronic equipment. The company operates in various sectors including information processing, communications, space development, consumer electronics, industrial technology, energy, transportation, and building equipment. With a commitment to technological advancement, Mitsubishi Electric aims to enrich society under its motto ‘Changes for the Better.’ The company reported a revenue of 5,521.7 billion yen for the fiscal year ending March 31, 2025.

Average Trading Volume: 8,204,052

Technical Sentiment Signal: Buy

Current Market Cap: Yen6051.1B

For a thorough assessment of 6503 stock, go to TipRanks’ Stock Analysis page.