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Mitsubishi UFJ Financial completes ¥100B share buyback

Mitsubishi UFJ Financial Group Inc. completed a previously announced share buyback with the cumulative repurchase of ¥100.00 billion worth of shares over the market.

The Japanese megabank repurchased an aggregate of 127,666,900 shares between Nov. 15 and Dec. 22. The shares are scheduled to be canceled Jan. 22, 2018.

Under the share repurchase program, the bank had planned to buy back up to 200 million shares for up to ¥100 billion between Nov. 15 and Dec. 31.

As of Dec. 25, US$1 was equivalent to ¥113.22.