Mitsui & Co., a Japanese trading company favored by stock god Buffett, announced that it will buy back up to 200 billion yen ($1.3 billion) worth of shares in order to increase investor returns. Mitsui & Co., Ltd. said on Wednesday that it plans to repurchase up to 40 million shares between May 2 and September 20, while announcing results for the fiscal year ending March. The company will cancel all shares bought back on October 1. The company also announced a 2-to-1 stock split to lower the share price and attract more shareholders. The company said the stock split will take effect on July 1.
巴菲特青睐的三井宣布股票回购和股票分割
Buffett's Favourite Mitsui Announces Stock Buybacks and Stock Splits
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