Mitsui Fudosan Co., Ltd. announces an Equity Buyback for 10,000,000 shares, representing 1.03% for ¥10,000 million.
May 12, 2020 at 02:00 am EDT
Mitsui Fudosan Co., Ltd. (TSE:8801) announces a share repurchase program. Under the program, the company will repurchase 10,000,000 shares, representing 1.03% of the outstanding shares for ¥10,000 million. The purpose of the program is to improve shareholder returns. The program will run until March 31, 2021. As of April 30, 2020, the company had 967,432,135 shares outstanding and 11,818,092 shares in treasury.