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Metaplanet Inc. Exercises Stock Rights and Redeems Bonds

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Metaplanet Inc. Exercises Stock Rights and Redeems Bonds

Elevate Your Investing Strategy:

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

Metaplanet Inc. announced the large-scale exercise of its 20th series of stock acquisition rights, resulting in the issuance of 26.1 million new shares, raising the total outstanding shares to 680.8 million. The company also conducted a partial early redemption of its 19th series of ordinary bonds, utilizing funds from these stock exercises, which may impact its financial strategy and stakeholder interests.

The most recent analyst rating on (JP:3350) stock is a Buy with a Yen2400.00 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: 50,319,099

Technical Sentiment Signal: Buy

Current Market Cap: Yen1036.6B

For an in-depth examination of 3350 stock, go to TipRanks’ Overview page.

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