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An update from Asahi Group Holdings ( (JP:2502) ) is now available.
Asahi Group Holdings has announced the early redemption of its publicly offered hybrid bonds, initially issued in October 2020 to finance the acquisition of Anheuser-Busch InBev’s Australian business. The decision to redeem the bonds ahead of schedule is due to the company’s sufficient equity capital, eliminating the need for capital replenishment. This move reflects Asahi’s strategic approach to maintaining financial soundness while balancing growth investments.
The most recent analyst rating on (JP:2502) stock is a Buy with a Yen2500.00 price target. To see the full list of analyst forecasts on Asahi Group Holdings stock, see the JP:2502 Stock Forecast page.
More about Asahi Group Holdings
Asahi Group Holdings, Ltd. operates in the beverage industry, primarily focusing on the production and distribution of alcoholic and non-alcoholic beverages. The company is listed on the Tokyo Stock Exchange and has a significant market presence in Japan and internationally.
Average Trading Volume: 4,344,656
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen2889.3B
See more insights into 2502 stock on TipRanks’ Stock Analysis page.