Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Kokusai Electric Corporation ( (JP:6525) ) has shared an update.
Kokusai Electric Corporation announced a change in its principal shareholder after Applied Materials Europe B.V. sold 12 million Kokusai shares to Goldman Sachs Securities, which plans to resell the stock in overseas markets. Following the transaction, Applied Materials Europe B.V.’s stake falls from 10.22% to 5.08% of Kokusai’s voting rights, although it has agreed to a 30-day lock-up on further share disposals without the purchaser’s consent, and both companies state that their existing business relationship and Kokusai’s performance outlook will remain unaffected by the ownership shift.
The most recent analyst rating on (JP:6525) stock is a Buy with a Yen8015.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.
More about Kokusai Electric Corporation
Kokusai Electric Corporation is a Japan-based manufacturer in the semiconductor equipment industry, listed on the Tokyo Stock Exchange Prime Market under securities code 6525. The company develops and supplies semiconductor manufacturing equipment and related technologies, serving global chipmakers and participating in the broader semiconductor production supply chain.
Average Trading Volume: 5,771,447
Technical Sentiment Signal: Buy
Current Market Cap: Yen1523.9B
See more insights into 6525 stock on TipRanks’ Stock Analysis page.