Mitsuba Corporation (JP:7280) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
MITSUBA Corporation has successfully completed a series of financial maneuvers including the acquisition and retirement of Class-A and Class-C shares, the issuance of Class-D shares through a third-party allotment, and the reduction of share capital and capital reserve. These strategic moves were executed on June 28, 2024, with significant cash transactions amounting to billions of yen as part of a broader refinancing plan which also involved the reduction of share capital and capital reserve.
For further insights into JP:7280 stock, check out TipRanks’ Stock Analysis page.