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Fujitec Co., Ltd. ( (JP:6406) ) has provided an announcement.
Fujitec Co., Ltd. has announced the abolition of its shareholder benefit program following a resolution by its Board of Directors. This decision is linked to the tender offer by Bospolder 1 K.K., which aims to acquire all common shares of Fujitec, potentially leading to the company’s delisting. The move reflects a strategic shift in Fujitec’s operations, impacting its shareholder engagement and market positioning.
The most recent analyst rating on (JP:6406) stock is a Hold with a Yen6064.00 price target. To see the full list of analyst forecasts on Fujitec Co., Ltd. stock, see the JP:6406 Stock Forecast page.
More about Fujitec Co., Ltd.
Fujitec Co., Ltd. operates in the elevator and escalator industry, providing vertical transportation systems and services. The company focuses on enhancing the safety, efficiency, and comfort of its products, catering to both residential and commercial markets globally.
Average Trading Volume: 246,932
Technical Sentiment Signal: Buy
Current Market Cap: Yen429.2B
For an in-depth examination of 6406 stock, go to TipRanks’ Overview page.