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JAPAN POST HOLDINGS Co ( (JP:6178) ) has issued an announcement.
Japan Post Holdings Co., Ltd. announced a partial disposal of shares in its subsidiary, Japan Post Insurance Co., Ltd., as part of a strategic move to maintain its voting rights and improve capital efficiency. The disposal involves selling 5,424,300 shares, generating approximately 22.5 billion yen, which will be used to enhance the corporate value of the company and the Japan Post Group.
The most recent analyst rating on (JP:6178) stock is a Hold with a Yen1478.00 price target. To see the full list of analyst forecasts on JAPAN POST HOLDINGS Co stock, see the JP:6178 Stock Forecast page.
More about JAPAN POST HOLDINGS Co
Japan Post Holdings Co., Ltd. operates in the postal and logistics industry, providing services such as mail delivery, logistics, and financial services through its subsidiaries, including Japan Post Insurance Co., Ltd. The company is a major player in the Japanese market, focusing on enhancing shareholder value and capital efficiency.
Average Trading Volume: 5,886,765
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen4346.3B
For detailed information about 6178 stock, go to TipRanks’ Stock Analysis page.