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Kyodo Printing Announces Secondary Share Offering

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Kyodo Printing Announces Secondary Share Offering

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Kyodo Printing Co., Ltd. ( (JP:7914) ) has provided an update.

Kyodo Printing Co., Ltd. has announced a secondary offering of 1,920,000 shares of its common stock, with the majority being sold by The Master Trust Bank of Japan, Ltd. and Sumitomo Mitsui Trust Bank, Limited. The offering aims to adjust the company’s capital structure and potentially enhance its market position, although the final selling price will be determined based on market demand and other factors.

The most recent analyst rating on (JP:7914) stock is a Hold with a Yen1640.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

More about Kyodo Printing Co., Ltd.

Kyodo Printing Co., Ltd. operates in the printing industry, focusing on the production of a wide range of printed materials. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its comprehensive printing services.

Average Trading Volume: 88,335

Technical Sentiment Signal: Buy

Current Market Cap: Yen47.9B

For a thorough assessment of 7914 stock, go to TipRanks’ Stock Analysis page.

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