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Metaplanet Inc. Announces Major Capital Restructuring Plans

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Metaplanet Inc. Announces Major Capital Restructuring Plans

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The latest announcement is out from Metaplanet KK ( (JP:3350) ).

Metaplanet Inc. has announced the convocation of an Extraordinary General Meeting of Shareholders to discuss significant changes in its capital structure and Articles of Incorporation. The company plans to reduce its capital stock and capital reserve, amend its Articles of Incorporation to increase authorized shares, and issue Class B shares through a third-party allotment. These measures aim to enhance financial flexibility and transparency, potentially impacting future financing and shareholder value.

The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.

More about Metaplanet KK

Average Trading Volume: 51,530,845

Technical Sentiment Signal: Hold

Current Market Cap: Yen428.3B

Find detailed analytics on 3350 stock on TipRanks’ Stock Analysis page.

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