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The latest update is out from Aisin Seiki Co ( (JP:7259) ).
Aisin Corporation has announced plans to initiate a tender offer for its own shares, following a resolution passed by its board of directors. This move is part of a broader strategy involving Toyota Industries, where Aisin plans to tender its shares in the Toyota Industries Tender Offer. The completion of these transactions is subject to several conditions, including the successful completion of the Toyota Industries Tender Offer. The outcome of these offers could significantly impact Aisin’s shareholding structure and financial position.
The most recent analyst rating on (JP:7259) stock is a Buy with a Yen2400.00 price target. To see the full list of analyst forecasts on Aisin Seiki Co stock, see the JP:7259 Stock Forecast page.
More about Aisin Seiki Co
Aisin Corporation is a company operating in the automotive industry, primarily focusing on the production of automotive parts and systems. It is listed on the Tokyo and Nagoya Stock Exchanges under the securities code 7259.
Average Trading Volume: 3,007,759
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1314B
Learn more about 7259 stock on TipRanks’ Stock Analysis page.