Mitsubishi UFJ Financial Group, Inc. (TSE:8306) announces a share repurchase program. Under the program, the company will repurchase 80,000,000 shares, representing 0.65% of the outstanding shares, for ¥100,000 million. The purpose of the program is to improve shareholder returns, improving capital efficiency, taking into consideration its business performance and capital situation, opportunities for investment in growth, and market conditions, including share price.

The repurchased shares will be cancelled. The program will run until June 30, 2024. As of March 31, 2024, the company had 12,337,710,920 shares outstanding (excluding treasury stock) and 584,658,789 shares in treasury.