MTI Ltd. Completes New Share Issuance

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MTI Ltd. Completes New Share Issuance

MTI Ltd. ( (JP:9438) ) just unveiled an announcement.

MTI Ltd. has completed the payment process for the issuance of new shares through a third-party allotment, as resolved in their recent board meeting. This issuance involves 183,400 new shares at a price of 1,091 yen each, raising a total of 200,089,400 yen, which will increase both the company’s capital and capital reserve by 100,044,700 yen.

More about MTI Ltd.

YTD Price Performance: -27.40%

Average Trading Volume: 67,523

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen45.6B

For detailed information about 9438 stock, go to TipRanks’ Stock Analysis page.

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