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The latest announcement is out from Mabuchi Motor Co ( (JP:6592) ).
Mabuchi Motor Co., Ltd. has announced a 2-for-1 stock split to lower the per-share investment price, aiming to attract more investors and broaden its investor base. This move will double the total number of shares issued, and the Articles of Incorporation will be amended to reflect this change. Additionally, the company is revising its shareholder benefit program to include new benefits for those holding between 100 and 200 shares post-split, enhancing shareholder engagement.
The most recent analyst rating on (JP:6592) stock is a Sell with a Yen2300.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
More about Mabuchi Motor Co
Mabuchi Motor Co., Ltd. operates in the motor industry, focusing on the production of small electric motors used in various applications, including automotive, home appliances, and industrial equipment. The company aims to expand its market reach by making its shares more accessible to a broader range of investors.
Average Trading Volume: 354,065
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen289.3B
For detailed information about 6592 stock, go to TipRanks’ Stock Analysis page.