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An update from DIC ( (JP:4631) ) is now available.
DIC Corporation’s Board of Directors has unanimously opposed a shareholder proposal submitted by OASIS INVESTMENTS II MASTER FUND LTD. and OASIS JAPAN STRATEGIC FUND LTD. for the upcoming general meeting. The board determined that the proposals regarding advisory resolutions are inappropriate for submission under existing laws and company regulations. The board argues that the company already has robust mechanisms in place for monitoring related-party transactions, making the proposal unnecessary.
More about DIC
YTD Price Performance: 4.44%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.08B
For detailed information about 4631 stock, go to TipRanks’ Stock Analysis page.