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Mitsubishi Estate Company ( (JP:8802) ) has issued an announcement.
Mitsubishi Estate Co., Ltd. announced the repurchase of 5,671,600 of its own common shares, amounting to a total of 15,657,099,550 yen, through open market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the board to repurchase up to 60,000,000 shares by November 2025, reflecting the company’s commitment to enhancing shareholder value.
The most recent analyst rating on (JP:8802) stock is a Buy with a Yen2900.00 price target. To see the full list of analyst forecasts on Mitsubishi Estate Company stock, see the JP:8802 Stock Forecast page.
More about Mitsubishi Estate Company
Mitsubishi Estate Co., Ltd. operates in the real estate industry, focusing on the development, leasing, and management of properties. The company is a key player in the Japanese market, with a significant presence on the Tokyo Stock Exchange.
Average Trading Volume: 3,825,348
Technical Sentiment Signal: Buy
Current Market Cap: Yen3483.8B
For detailed information about 8802 stock, go to TipRanks’ Stock Analysis page.