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Japan Airlines Finalizes Equity Ownership Agreement for AGP Corporation

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Japan Airlines Finalizes Equity Ownership Agreement for AGP Corporation

Elevate Your Investing Strategy:

Japan Airlines Co ( (JP:9201) ) has issued an update.

Japan Airlines Co., Ltd. (JAL) has finalized an agreement regarding the equity ownership ratio of AGP Corporation with Japan Airport Terminal Co., Ltd. and ANA Holdings Inc. following the approval of a shareholder proposal at AGP’s 60th Annual General Meeting. The agreement outlines the ownership distribution after AGP’s privatization, with JAL holding 46.56% of AGP. This strategic move aims to enhance collaboration among the companies to promote decarbonization and ensure stable growth in Japan’s aviation sector, ultimately increasing AGP’s corporate value.

The most recent analyst rating on (JP:9201) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Japan Airlines Co stock, see the JP:9201 Stock Forecast page.

More about Japan Airlines Co

Japan Airlines Co., Ltd. operates in the aviation industry, providing air transportation services. The company is a major player in the market, focusing on both domestic and international flights, and is listed on the Tokyo Stock Exchange.

Average Trading Volume: 2,351,665

Technical Sentiment Signal: Buy

Current Market Cap: Yen1290.9B

For a thorough assessment of 9201 stock, go to TipRanks’ Stock Analysis page.

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