tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kumagai Gumi Sets Offer Price for Secondary Share Offering and Over-Allotment

Story Highlights
  • Kumagai Gumi fixed its secondary share offer price at 1,673 yen, raising about 16.7 billion yen.
  • An additional over-allotment of 1,496,500 shares will enhance liquidity and support market distribution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kumagai Gumi Sets Offer Price for Secondary Share Offering and Over-Allotment

Claim 50% Off TipRanks Premium

An announcement from Kumagai Gumi Co ( (JP:1861) ) is now available.

Kumagai Gumi Co., Ltd. has set the offer price for a secondary offering of its common shares at 1,673 yen per share, with the total amount of the offering through purchase and underwriting by the underwriter reaching approximately 16.69 billion yen, and delivery scheduled for January 26, 2026. In addition, the company will conduct a secondary offering via over-allotment of 1,496,500 shares at the same offer price, totaling about 2.50 billion yen, a move that is expected to support liquidity in its shares and facilitate orderly distribution to the market as part of its broader capital markets strategy.

The most recent analyst rating on (JP:1861) stock is a Hold with a Yen1869.00 price target. To see the full list of analyst forecasts on Kumagai Gumi Co stock, see the JP:1861 Stock Forecast page.

More about Kumagai Gumi Co

Kumagai Gumi Co., Ltd. is a Japanese construction company listed on the Prime Market of the Tokyo Stock Exchange under code 1861, operating primarily in civil engineering and building construction projects in Japan and overseas.

YTD Price Performance: 11.78%

Average Trading Volume: 739,362

Technical Sentiment Signal: Buy

Current Market Cap: Yen298.7B

For an in-depth examination of 1861 stock, go to TipRanks’ Overview 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