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Daihen Corporation Announces Secondary Stock Offering Details

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Daihen Corporation Announces Secondary Stock Offering Details

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Daihen Corporation ( (JP:6622) ) has issued an announcement.

Daihen Corporation has announced the selling price for a secondary offering of its common stock, set at 8,380 yen per share, with a total expected revenue of 12,570,000,000 yen. This move, resolved by the Board of Directors, aims to enhance the company’s capital base and potentially strengthen its market positioning, impacting stakeholders by possibly increasing liquidity and investment opportunities.

The most recent analyst rating on (JP:6622) stock is a Hold with a Yen8946.00 price target. To see the full list of analyst forecasts on Daihen Corporation stock, see the JP:6622 Stock Forecast page.

More about Daihen Corporation

Daihen Corporation operates in the industrial sector, focusing on manufacturing and providing advanced technologies in power electronics, robotics, and wireless power transfer systems. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, indicating its significant presence in the Japanese market.

Average Trading Volume: 187,771

Technical Sentiment Signal: Buy

Current Market Cap: Yen191.4B

Find detailed analytics on 6622 stock on TipRanks’ Stock Analysis page.

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