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Hogy Medical Discloses Amendment to Tender Offer Documentation After Share Count Error

Story Highlights
  • Hogy Medical announced that bidder TCG2509 corrected clerical errors in GMO’s reported shareholdings.
  • The tender offer filings and related notices are being amended to ensure accurate information for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hogy Medical Discloses Amendment to Tender Offer Documentation After Share Count Error

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Hogy Medical Co ( (JP:3593) ) has shared an announcement.

Hogy Medical Co., Ltd. has disclosed that TCG2509 Co., Ltd., the bidder in an ongoing tender offer for Hogy Medical’s common stock, has amended its tender offer documentation to correct clerical errors in the reported number of shares held by institutional investor Grantham, Mayo, Van Otterloo & Co. LLC. The correction requires amendments to previously submitted tender offer registration statements and related public notices, and Hogy’s disclosure, made at the request of TCG2509 under Japan’s Financial Instruments and Exchange Act, ensures investors are working with accurate shareholding information as the tender process continues.

The most recent analyst rating on (JP:3593) stock is a Hold with a Yen5957.00 price target. To see the full list of analyst forecasts on Hogy Medical Co stock, see the JP:3593 Stock Forecast page.

More about Hogy Medical Co

Hogy Medical Co., Ltd., listed on the Tokyo Stock Exchange Prime Market (code 3593), operates in the medical sector. The company is the subject of an ongoing tender offer for its common stock by TCG2509 Co., Ltd., attracting attention from institutional investors and capital markets participants.

Average Trading Volume: 195,467

Technical Sentiment Signal: Buy

Current Market Cap: Yen144B

For an in-depth examination of 3593 stock, go to TipRanks’ Overview page.

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