Mitsubishi Corp. shares reached a record high after announcing a 500 billion yen ($3.4 billion) share buyback plan. The buyback, described as a 'monster' deal, led to a surge in share prices. Meanwhile, Japan's Nikkei share average closed at its highest level in 34 years, propelled by a weaker yen and dovish Bank of Japan (BOJ) signals on policy tightening. The index surpassed 37,000 for the first time in 34 years, signaling a strong start to the year for Japanese stocks.
Nikkei tops 37,000 for 1st time in 34 years on weaker yen https://t.co/6wyRqt0Att
BREAKING: Japan's Nikkei hits highest since 1990
Japan's Nikkei closes at 34-year peak on dovish BOJ; tech shares soar https://t.co/F3WBfGUH60 https://t.co/BIuaatC3Kw
⚠️ JAPAN'S NIKKEI CLOSES AT 34-YEAR PEAK ON DOVISH BOJ; TECH SHARES SOAR (Reuters) Japan's Nikkei share average closed at the highest level in 34 years on Thursday, surging more than 2% after a high-ranking Bank of Japan (BOJ) official signaled that any policy tightening would… https://t.co/wnbkAExJh1
Japan’s Nikkei Closes at 34-year Peak on Dovish BOJ; Tech Shares Soar https://t.co/siiQCobV18
Flow rider: January gains portend a winning year for Japan's Nikkei https://t.co/j4EdocVrhN https://t.co/dxtmHN5oS6
Nikkei advances over 2% on weaker yen after BOJ official's comments https://t.co/nILLpDws3Z
Japan’s Nikkei Leaps to 2-week High on Tech Stocks, Yen Boost https://t.co/siiQCobV18
⚠️ FLOW RIDER: JANUARY GAINS PORTEND A WINNING YEAR FOR JAPAN'S NIKKEI (Reuters) Japanese stocks have started the year strongly and analysts say it could be a signal of further gains and expect the inflows that pushed the Nikkei to three-decade highs will keep coming. Japanese… https://t.co/cPawoQpjZe
Warren Buffett-backed Mitsubishi’s shares surge to record high on ‘monster’ buyback https://t.co/UXp6XQGsW3
Japan's Mitsubishi hits all-time high on share buyback plan; cash pile in focus https://t.co/3M2A7wlzGB https://t.co/Tm9x39KO2U
⚠️ JAPAN'S MITSUBISHI HITS ALL-TIME HIGH ON SHARE BUYBACK PLAN; CASH PILE IN FOCUS (Reuters) Shares of Mitsubishi Corp hit an all-time high on Wednesday, a day after the Japanese trading house pledged to spend 500 billion yen ($3.4 billion) to buy back shares. Mitsubishi,… https://t.co/qsdTUSfhoy
Mitsubishi Corp. shares surged to a record on Wednesday after Japan’s largest trading firm announced a share buyback that one analyst called a “monster” deal https://t.co/SahKz6i8mR