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Canon Electronics Inc. ( (JP:7739) ) has shared an update.
Canon Electronics Inc. announced that it will not distribute year-end dividends for the fiscal year ending December 31, 2025, contingent upon the successful completion of a tender offer by Canon Inc. to make Canon Electronics a wholly owned subsidiary. This decision aligns with the company’s strategy to enhance shareholder value by prioritizing internal reserves and stable returns, while the tender offer aims to delist the company’s shares.
The most recent analyst rating on (JP:7739) stock is a Buy with a Yen2971.00 price target. To see the full list of analyst forecasts on Canon Electronics Inc. stock, see the JP:7739 Stock Forecast page.
More about Canon Electronics Inc.
Canon Electronics Inc. operates in the electronics industry, focusing on the development and manufacturing of electronic products and solutions. The company is part of the Canon Group and is known for its innovations in imaging and optical products.
Average Trading Volume: 95,441
Technical Sentiment Signal: Buy
Current Market Cap: Yen109.9B
See more insights into 7739 stock on TipRanks’ Stock Analysis page.