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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Manitou BF | EU:MTU | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 23.70 | 23.40 | 23.95 | 0.00 | 01:00:00 |
From Jul 2019 to Jul 2024
Mitsubishi UFJ Financial Group Inc. (8306.TO) said Wednesday that it will lift its purchase of Morgan Stanley (MS) common stock to $705 million from $600 million, ensuring the U.S. firm's position as an equity-method affiliate.
Noting that its stake will likely be over 20% once the transaction is completed, the Japanese bank said in a statement it now plans to buy 29.37 million shares for $24 apiece.
Mitsubishi also moved its common stock purchase plan to May 22 from May 13.
The move comes after Morgan Stanley on Tuesday filed a prospectus with the U.S. Securities and Exchange Commission to sell 168.4 million common shares to strengthen its capital resources by increasing its Tier 1 common equity.
-By Shawn Schroter, Dow Jones Newswires; 813-6895-7550; shawn.schroter@dowjones.com
1 Year Manitou BF Chart |
1 Month Manitou BF Chart |
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