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Canon Electronics Inc. ( (JP:7739) ) has provided an update.
Canon Electronics Inc. has announced its board of directors’ decision to support a tender offer by its controlling shareholder, Canon Inc., to acquire all remaining shares and make Canon Electronics a wholly owned subsidiary. This move is expected to result in the delisting of Canon Electronics’ shares, which may impact shareholders and the company’s market presence.
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, manufacturing, sales, and services for printing, medical, imaging, industrial, and other products. The company is a subsidiary of Canon Inc., a major player in the electronics sector.
Average Trading Volume: 95,441
Technical Sentiment Signal: Buy
Current Market Cap: Yen109.9B
For detailed information about 7739 stock, go to TipRanks’ Stock Analysis page.