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Fuji Oil Company. Limited ( (JP:5017) ) has issued an announcement.
Fuji Oil Company, Ltd. has announced its Board of Directors’ decision to support a tender offer by Idemitsu Kosan Co., Ltd. for the company’s ordinary shares. This move is part of a strategy to delist Fuji Oil’s shares from the Tokyo Stock Exchange, which could significantly impact its market operations and shareholder dynamics.
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 oil industry, providing fuel and basic chemical products. The company is involved in various segments including functional materials, power, renewable energy, and resources, with a market focus on energy and chemical solutions.
Average Trading Volume: 728,122
Technical Sentiment Signal: Buy
Current Market Cap: Yen25.58B
See more data about 5017 stock on TipRanks’ Stock Analysis page.