tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Koei Tecmo Announces Treasury Share Disposal for Strategic Investment

Story Highlights
Koei Tecmo Announces Treasury Share Disposal for Strategic Investment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Koei Tecmo Holdings Co., Ltd. ( (JP:3635) ) is now available.

Koei Tecmo Holdings Co., Ltd. has announced the disposal of 3,260,000 treasury shares through a third-party allotment, with the allottee subscribing to all available shares. The proceeds, amounting to approximately ¥5.7 billion, will be invested in the company’s human capital and sustainable development of new game titles, with plans to allocate the funds to its subsidiary by March 2028.

The most recent analyst rating on (JP:3635) stock is a Hold with a Yen2106.00 price target. To see the full list of analyst forecasts on Koei Tecmo Holdings Co., Ltd. stock, see the JP:3635 Stock Forecast page.

More about Koei Tecmo Holdings Co., Ltd.

Koei Tecmo Holdings Co., Ltd. operates in the entertainment industry, primarily focusing on the development and publishing of video games. The company is known for its popular game franchises and aims to expand its market presence through strategic investments in its subsidiary, Koei Tecmo Games Co., Ltd.

Average Trading Volume: 1,223,013

Technical Sentiment Signal: Sell

Current Market Cap: Yen639.4B

Learn more about 3635 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1