Mitsui & Co. Buys Back ¥11.25bn in Stock as New Program's First Month
The trading house spent ¥11.25bn repurchasing 2.28mn shares in August, a small down payment against a ¥200bn buyback ceiling the board approved just days earlier.
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The trading house spent ¥11.25bn repurchasing 2.28mn shares in August, a small down payment against a ¥200bn buyback ceiling the board approved just days earlier.
Mitsui & Co. and Penske Corporation have submitted a non-binding proposal to buy out the roughly 27.8% of Penske Automotive Group they don't already own, valuing the New York-listed retailer at $13.8bn.