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Meiko Network Japan to Dispose Treasury Shares for Educational Support

Story Highlights
  • Meiko Network Japan will dispose of treasury shares to support Meiko Kyoiku Kenkyujo.
  • This action may change the company’s major shareholders, pending approval at the AGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meiko Network Japan to Dispose Treasury Shares for Educational Support

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Meiko Network Japan Co., Ltd. ( (JP:4668) ) has shared an update.

Meiko Network Japan Co., Ltd. has announced a resolution to dispose of treasury shares through a third-party allotment to support the Meiko Kyoiku Kenkyujo foundation. This move is expected to result in changes to the company’s major shareholders, including the largest shareholder, pending approval at the upcoming Annual General Meeting. The foundation, which focuses on educational support and development, relies on dividends from the company’s shares for funding its activities, highlighting the interconnectedness of the company’s operations and its philanthropic efforts.

The most recent analyst rating on (JP:4668) stock is a Hold with a Yen774.00 price target. To see the full list of analyst forecasts on Meiko Network Japan Co., Ltd. stock, see the JP:4668 Stock Forecast page.

More about Meiko Network Japan Co., Ltd.

Meiko Network Japan Co., Ltd. operates in the education sector, focusing on providing educational services and support. The company is involved in activities like developing self-directed learning systems and educational materials, and it supports educational expenses for children and students in need.

Average Trading Volume: 57,852

Technical Sentiment Signal: Buy

Current Market Cap: Yen19.57B

For a thorough assessment of 4668 stock, go to TipRanks’ Stock Analysis page.

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