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An announcement from Fuji Oil Company. Limited ( (JP:5017) ) is now available.
Fuji Oil Company, Ltd. announced a resolution to propose a share consolidation and amendments to its Articles of Incorporation, leading to its delisting from the Tokyo Stock Exchange Prime Market. This move follows a tender offer by Idemitsu Kosan Co., Ltd., which aims to acquire all Fuji Oil shares and make the company a wholly owned subsidiary, impacting its shareholder structure and market presence.
The most recent analyst rating on (JP:5017) stock is a Hold with a Yen480.00 price target. To see the full list of analyst forecasts on Fuji Oil Company. Limited stock, see the JP:5017 Stock Forecast page.
More about Fuji Oil Company. Limited
Fuji Oil Company, Ltd. operates in the oil industry, focusing on the production and distribution of oil products. It is listed on the Tokyo Stock Exchange Prime Market and is involved in transactions that may affect its market positioning.
YTD Price Performance: 62.95%
Average Trading Volume: 940,965
Technical Sentiment Signal: Buy
Current Market Cap: Yen36.68B
Find detailed analytics on 5017 stock on TipRanks’ Stock Analysis page.