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AZ-COM Maruwa Holdings Inc. Announces Euro-Yen Convertible Bonds Repurchase

Story Highlights
  • AZ-COM Maruwa Holdings Inc. plans to repurchase euro-yen convertible bonds due in 2025.
  • Mizuho entities may acquire significant voting rights in AZ-COM Maruwa Holdings Inc.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AZ-COM Maruwa Holdings Inc. Announces Euro-Yen Convertible Bonds Repurchase

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The latest update is out from AZ-COM Maruwa Holdings Inc. ( (JP:9090) ).

AZ-COM Maruwa Holdings Inc. has announced a significant transaction involving the repurchase of euro-yen convertible bonds with stock acquisition rights due in 2025. Mizuho Securities Co., Ltd. and its subsidiary Mizuho International plc have resolved to acquire these bonds, with plans to transfer them back to AZ-COM Maruwa Holdings Inc. This transaction could potentially result in Mizuho entities acquiring 5% or more of the total voting rights of the company, which may be considered a ‘buying up’ under financial regulations.

The most recent analyst rating on (JP:9090) stock is a Buy with a Yen1244.00 price target. To see the full list of analyst forecasts on AZ-COM Maruwa Holdings Inc. stock, see the JP:9090 Stock Forecast page.

More about AZ-COM Maruwa Holdings Inc.

Average Trading Volume: 248,061

Technical Sentiment Signal: Buy

Current Market Cap: Yen164.6B

For detailed information about 9090 stock, go to TipRanks’ Stock Analysis page.

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