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Mitsubishi UFJ Bank, Kyoto Bank, and others will sell $1.9 billion worth of Nintendo shares
According to reports, Nintendo plans to gradually reduce its strategic equity holdings, with several institutions including Mitsubishi UFJ Bank and Kyoto Bank set to sell Nintendo shares. The total amount of this sale is expected to be approximately 300 billion yen (about $1.9 billion), and Nintendo may make a decision as early as February 27. Additionally, the gaming company also plans to implement a share buyback.