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Hirogin Holdings Announces Secondary Share Offering to Strengthen Capital Base

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Hirogin Holdings Announces Secondary Share Offering to Strengthen Capital Base

Elevate Your Investing Strategy:

Hirogin Holdings, Inc. ( (JP:7337) ) has provided an update.

Hirogin Holdings, Inc. has announced a secondary offering of 10,867,900 shares of common stock, with major shareholders including Sompo Japan Insurance Inc. and Tokio Marine & Nichido Fire Insurance Co., Ltd. The offering aims to enhance the company’s capital base and improve its market position, though the selling price is yet to be determined based on market conditions.

More about Hirogin Holdings, Inc.

Hirogin Holdings, Inc. operates in the financial sector, primarily focusing on banking and insurance services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by Representative Director and President Toshio Heya.

Average Trading Volume: 829,582

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen370B

For an in-depth examination of 7337 stock, go to TipRanks’ Overview page.

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