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Marui Group Co ( (JP:8252) ) has shared an announcement.
Marui Group Co., Ltd. has announced a secondary offering of its common stock, involving the sale of 8,938,800 shares through various financial institutions. This move is aimed at optimizing the company’s capital structure and potentially enhancing its market position by leveraging the proceeds for strategic initiatives. The offering’s impact on stakeholders will depend on the market demand and pricing, which are yet to be determined.
The most recent analyst rating on (JP:8252) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on Marui Group Co stock, see the JP:8252 Stock Forecast page.
More about Marui Group Co
Marui Group Co., Ltd. operates in the retail industry, focusing on department stores and financial services. It is known for its diverse range of products and services, including credit card operations and retail store management, primarily targeting the Japanese market.
YTD Price Performance: 24.33%
Average Trading Volume: 858,081
Technical Sentiment Signal: Buy
Current Market Cap: Yen550.3B
For a thorough assessment of 8252 stock, go to TipRanks’ Stock Analysis page.