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Mitsui Enhances Returns with Buyback
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Overview
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Mitsui & Co., a Japanese trading firm favored by Warren Buffett, declared a share buyback of up to 200 billion yen ($1.3 billion) and a stock split, intending to boost investor returns.
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How does Warren Buffett's favoring of Mitsui impact market perceptions and investor confidence in the firm?
How might Mitsui's share buyback and stock split affect its stock performance and market value?
What factors led Mitsui to undertake this strategic move, and what implications does it have for the company's future?
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