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Horiba Announces Correction to Treasury Stock Disposal Notice

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Horiba Announces Correction to Treasury Stock Disposal Notice

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Horiba ( (JP:6856) ) just unveiled an announcement.

Horiba, Ltd. announced a correction to its previously disclosed notice regarding the disposal of treasury stock related to its post-vesting restricted stock unit (RSU) grant system. The correction clarifies that the disposal of 14,221 common shares at a price of 10,230 JPY per share, totaling 145,480,830 JPY, will be an overseas offering to fewer than 50 people outside Japan, necessitating an Extraordinary Report under the Financial Instruments and Exchange Act. This correction ensures compliance with regulatory requirements and maintains transparency with stakeholders.

The most recent analyst rating on (JP:6856) stock is a Buy with a Yen13000.00 price target. To see the full list of analyst forecasts on Horiba stock, see the JP:6856 Stock Forecast page.

More about Horiba

Horiba, Ltd. operates in the technology sector, focusing on providing analytical and measurement systems. The company is known for its products in scientific instruments, automotive test systems, process and environmental instruments, medical diagnostics, and semiconductor instruments.

Average Trading Volume: 206,710

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen419.6B

Learn more about 6856 stock on TipRanks’ Stock Analysis page.

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