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Kyocera Revises Capital Strategy with Accelerated KDDI Shares Sale

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Kyocera Revises Capital Strategy with Accelerated KDDI Shares Sale

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Kyocera ( (JP:6971) ) just unveiled an update.

Kyocera Corporation announced changes to its Corporate Governance Code, specifically the policy on cross-shareholdings, to revise its capital strategy by accelerating the sale of its shares in KDDI Corporation. This strategic move aims to provide alternative investment funds and respond to shifting business conditions, reflecting a broader effort to reform both its capital and business strategies.

More about Kyocera

Kyocera Corporation operates in the technology and electronics industry, providing a range of products including telecommunications equipment, electronic components, and office equipment. The company focuses on enhancing corporate value through strategic investments and is involved in maintaining business relationships and realizing profits through shareholdings.

YTD Price Performance: 6.13%

Average Trading Volume: 751

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.62B

Find detailed analytics on 6971 stock on TipRanks’ Stock Analysis page.

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