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The latest announcement is out from G-Tekt Corporation ( (JP:5970) ).
G-Tekt Corporation has announced a secondary offering of 3,500,000 shares of its common stock, with Honda Motor Co., Ltd. as the seller. The offering, which includes an additional over-allotment option of 525,000 shares, is set to be priced between December 15 and December 18, 2025, based on market demand. This move is expected to impact the company’s market positioning by potentially increasing its stock liquidity and attracting new investors.
The most recent analyst rating on (JP:5970) stock is a Buy with a Yen2380.00 price target. To see the full list of analyst forecasts on G-Tekt Corporation stock, see the JP:5970 Stock Forecast page.
More about G-Tekt Corporation
G-Tekt Corporation operates in the automotive industry, focusing on the production of automotive body frame components and transmission parts. The company primarily serves major automobile manufacturers and is known for its advanced manufacturing technologies and commitment to innovation.
Average Trading Volume: 85,561
Technical Sentiment Signal: Buy
Current Market Cap: Yen81.17B
Find detailed analytics on 5970 stock on TipRanks’ Stock Analysis page.