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Kuraray Co. to Reclassify Capital Surplus for Greater Flexibility

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Kuraray Co. to Reclassify Capital Surplus for Greater Flexibility

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Kuraray Co ( (JP:3405) ) has issued an announcement.

Kuraray Co., Ltd. has announced a strategic move involving the reclassification of its legal capital surplus to other capital surplus, as resolved in a recent Board of Directors meeting. This initiative aims to provide greater flexibility in executing future capital policies. The reclassification will not impact the company’s financial performance as it merely adjusts accounts within the balance sheet.

More about Kuraray Co

YTD Price Performance: -14.14%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.11B

For detailed information about 3405 stock, go to TipRanks’ Stock Analysis page.

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