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Kioxia Holdings Corporation ( (JP:285A) ) has issued an announcement.
Kioxia Holdings Corporation is working towards meeting the Tokyo Stock Exchange’s criteria for continued listing on the Prime Market by March 2030. The company plans to increase its ratio of outstanding shares to 35% by implementing growth measures, such as introducing new SSD products and advancing technology development. Major shareholders, including Toshiba Corporation and Bain Capital, are considering measures to sell their shares, which is crucial for Kioxia to meet the listing requirements.
The most recent analyst rating on (JP:285A) stock is a Hold with a Yen2300.00 price target. To see the full list of analyst forecasts on Kioxia Holdings Corporation stock, see the JP:285A Stock Forecast page.
More about Kioxia Holdings Corporation
Kioxia Holdings Corporation operates in the technology industry, focusing on the development and production of memory products, including SSDs and BiCS FLASH products. The company is actively involved in the SSD market, particularly targeting data centers and enterprise applications, and is expanding its presence in the AI market.
Average Trading Volume: 6,879,454
Current Market Cap: Yen1364.8B
For detailed information about 285A stock, go to TipRanks’ Stock Analysis page.