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FP Partner Inc. Plans to Address Tradable Shares Ratio for Tokyo Stock Exchange Compliance

Story Highlights
  • FP Partner Inc. is addressing its non-conformity with the Tokyo Stock Exchange’s tradable shares ratio.
  • The company plans to increase tradable shares through shareholder cooperation and stock options.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FP Partner Inc. Plans to Address Tradable Shares Ratio for Tokyo Stock Exchange Compliance

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FP Partner, Inc. ( (JP:7388) ) has issued an announcement.

FP Partner Inc. has announced a plan to address its non-conformity with the Tokyo Stock Exchange Prime Market’s listing maintenance criteria, specifically regarding its tradable shares ratio. The company is entering an improvement period and is implementing measures to increase the number of tradable shares, including encouraging major shareholders to sell shares and considering stock options and restricted stock compensation. The company aims to maintain a stable tradable shares ratio of over 35% to ensure its continued listing and corporate value enhancement.

More about FP Partner, Inc.

FP Partner Inc. operates in the financial industry and is listed on the Tokyo Stock Exchange Prime Market. The company focuses on maintaining its listing status and improving corporate value by addressing challenges related to the tradable shares ratio.

YTD Price Performance: 16.86%

Average Trading Volume: 375,512

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen54.9B

Learn more about 7388 stock on TipRanks’ Stock Analysis page.

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