Mizuho Financial Group to Buy Back Up to 2.4% of Shares Worth ¥200 Billion

The Japanese banking group announced a planned share repurchase program with a cap of 200 billion yen, representing up to 2.4% of its outstanding shares.

Summary

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Terms & Concepts
  • Share Buyback: A corporate action in which a company repurchases its own shares from the market, reducing the number of outstanding shares.