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Industrial & Infrastructure Fund Investment Corporation ( (JP:3249) ) has provided an update.
Industrial & Infrastructure Fund Investment Corporation announced the completion and cancellation of its repurchase of investment units, which was conducted under the provisions of the Investment Trust Act of Japan. The repurchase involved a total of 7,755 units at a cost of approximately 999.9 million yen. This strategic move is expected to increase the distribution per unit for upcoming fiscal periods, although it will not materially impact the company’s operating status or forecasts.
The most recent analyst rating on (JP:3249) stock is a Buy with a Yen130169.00 price target. To see the full list of analyst forecasts on Industrial & Infrastructure Fund Investment Corporation stock, see the JP:3249 Stock Forecast page.
More about Industrial & Infrastructure Fund Investment Corporation
Industrial & Infrastructure Fund Investment Corporation (IIF) is a company listed on the Tokyo Stock Exchange, primarily involved in investment activities within the industrial and infrastructure sectors. The company focuses on managing investment assets and enhancing shareholder value through strategic financial operations.
YTD Price Performance: 24.55%
Average Trading Volume: 8,163
Technical Sentiment Signal: Buy
Current Market Cap: Yen342.4B
Learn more about 3249 stock on TipRanks’ Stock Analysis page.