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Fuji Oil Company. Limited ( (JP:5017) ) has provided an update.
Fuji Oil Company, Ltd. has announced its Board of Directors’ decision to support a tender offer by Idemitsu Kosan Co., Ltd. for its ordinary shares, recommending shareholders to tender their shares. This move is part of Idemitsu’s plan to delist Fuji Oil’s shares, potentially impacting Fuji Oil’s market presence and shareholder value.
The most recent analyst rating on (JP:5017) stock is a Hold with a Yen359.00 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 energy sector, focusing primarily on fuel oil and related products. The company is listed on the Tokyo Stock Exchange Prime Market and engages in continuous main fuel product transactions.
Average Trading Volume: 727,019
Technical Sentiment Signal: Buy
Current Market Cap: Yen25.66B
See more data about 5017 stock on TipRanks’ Stock Analysis page.