Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
GMO Internet ( (JP:9449) ) just unveiled an announcement.
GMO Internet Group, Inc. has partially sold shares of its subsidiary, GMO Internet, Inc., to comply with the continued listing criteria on the TSE Prime Market. This move is expected to improve the tradable share ratio, enhance liquidity, and contribute to the sustainable corporate value of GMO Internet. The sale will result in an extraordinary profit of approximately ¥7.6 billion in the company’s non-consolidated financial statements for the fiscal year ending December 2025. The company plans to continue strengthening investor relations and improving the tradable share ratio to meet compliance by December 2026.
The most recent analyst rating on (JP:9449) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
More about GMO Internet
GMO Internet Group, Inc. operates in the internet services industry, focusing on providing a range of internet infrastructure, online advertising and media, internet finance, and cryptocurrency services. The company is positioned in the market to enhance corporate value through strategic financial maneuvers and compliance with market regulations.
Average Trading Volume: 273,193
Technical Sentiment Signal: Buy
Current Market Cap: Yen383.3B
For detailed information about 9449 stock, go to TipRanks’ Stock Analysis page.