Buffett-Favored Mitsui Announces Share Buyback, Stock Split

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Buffett-Favored Mitsui Announces Share Buyback, Stock Split
Mitsui & Co.Investor Returns
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(Bloomberg) -- Warren Buffett-favored Japanese trading firm Mitsui & Co. announced that it will buy back up to 200 billion yen ($1.3 billion) worth of shares...

-- Warren Buffett-favored Japanese trading firm Mitsui & Co. announced that it will buy back up to 200 billion yen worth of shares, as it looks to boost investor returns.Wall Street Hit by Fed Jitters to Close Wild April: Markets WrapMitsui plans to buy back as many as 40 million shares between May 2 and Sept. 20, it said on Wednesday along with earnings result for the fiscal year ended March. The firm will cancel all shares that it buys back on Oct. 1.

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