The latest announcement is out from Fujitsu ( (JP:6702) ).
Fujitsu Limited announced the commencement of a tender offer by JICC-04 for shares of its subsidiary, SHINKO Electric Industries, as part of a strategy to privatize SHINKO. This move involves Fujitsu transferring its shares through SHINKO’s repurchase plan post-tender, which could impact the company’s market operations and stakeholder interests.
More about Fujitsu
Fujitsu is a leading digital services company in Japan, providing solutions in computing, networks, AI, data, and security. With a presence in over 100 countries, it aims to foster sustainability through innovation.
YTD Price Performance: 16.00%
Average Trading Volume: 5,529
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $37.18B
For a thorough assessment of 6702 stock, go to TipRanks’ Stock Analysis page.