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An announcement from Fuji Oil Company. Limited ( (JP:5017) ) is now available.
Fuji Oil Company, Ltd. announced a revision of its projected dividends for the fiscal year ending March 31, 2026, deciding to issue no year-end dividends. This decision is contingent upon the completion of a tender offer by Idemitsu Kosan Co., Ltd., which aims to delist Fuji Oil’s shares. The move is intended to ensure fairness among shareholders, as issuing dividends could create economic disparities between those who tender their shares and those who do not. If the tender offer does not proceed, Fuji Oil will reassess its dividend policy.
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 within the oil industry, focusing on the production and distribution of oil and related products. The company is listed on the Tokyo Stock Exchange Prime Market and is involved in various aspects of the oil market.
Average Trading Volume: 728,122
Technical Sentiment Signal: Buy
Current Market Cap: Yen25.58B
Learn more about 5017 stock on TipRanks’ Stock Analysis page.