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Dai-ichi Life Holdings ( (JP:8750) ) just unveiled an announcement.
Dai-ichi Life Holdings announced the completion of a reinsurance transaction by its subsidiary, Protective Life Corporation, which has resulted in a significant increase in the company’s consolidated total assets by USD 6.7 billion. This transaction reflects a 25.6% increase in consolidated net assets as of March 2024, highlighting the company’s strategic efforts to enhance its financial position and asset base.
The most recent analyst rating on (JP:8750) stock is a Hold with a Yen1196.00 price target. To see the full list of analyst forecasts on Dai-ichi Life Holdings stock, see the JP:8750 Stock Forecast page.
More about Dai-ichi Life Holdings
Dai-ichi Life Holdings, Inc. operates in the insurance industry, primarily offering life insurance products and services. The company has a significant market presence and focuses on expanding its asset base through strategic transactions.
Average Trading Volume: 9,211,614
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen4152.6B
Find detailed analytics on 8750 stock on TipRanks’ Stock Analysis page.