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Hulic Co. Announces Strategic Tender Offer in Renewable Energy Sector

Story Highlights
  • Hulic Co. focuses on real estate leasing and renewable energy projects.
  • Hulic aims to acquire 20% of Canadian Solar Infrastructure Fund to strengthen its renewable energy position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hulic Co. Announces Strategic Tender Offer in Renewable Energy Sector

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Hulic Co ( (JP:3003) ) has shared an update.

Hulic Co., Ltd. has announced a tender offer to acquire 20% of Canadian Solar Infrastructure Fund, Inc.’s investment units, aiming to strengthen its position in the renewable energy sector. This strategic move aligns with Hulic’s medium-term management plan to expand its profit base and enhance sustainable management, despite the declining TSE Infrastructure Fund Index.

The most recent analyst rating on (JP:3003) stock is a Hold with a Yen1610.00 price target. To see the full list of analyst forecasts on Hulic Co stock, see the JP:3003 Stock Forecast page.

More about Hulic Co

Hulic Co., Ltd. operates in the real estate industry, primarily focusing on real estate leasing. The company is also involved in renewable energy projects, having achieved a 100% transition to renewable energy for its operations by 2023. Hulic is committed to sustainable management and enhancing its profit pillars through strategic investments and development projects.

YTD Price Performance: 7.50%

Average Trading Volume: 2,365,395

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1100.5B

See more insights into 3003 stock on TipRanks’ Stock Analysis page.

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