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Nichirei Corporation ( (JP:2871) ) has issued an announcement.
Nichirei Corporation has set the terms for a secondary offering of its common stock, approving a selling price of 1,791 yen per share, with the aggregate selling amount totaling approximately 29.96 billion yen and an underwriters’ purchase amount of about 28.72 billion yen, with share delivery scheduled for January 26, 2026. In addition, the company will conduct an over-allotment secondary offering of 2,508,900 shares at the same selling price, raising a further 4.49 billion yen equivalent, a move that is expected to enhance liquidity in its shares and support capital market access without constituting a new primary issuance of stock.
The most recent analyst rating on (JP:2871) stock is a Buy with a Yen1988.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.
More about Nichirei Corporation
Nichirei Corporation is a Japanese company listed on the Tokyo Stock Exchange Prime Market (securities code 2871), operating in the food and related sectors and known for its presence in processed and refrigerated food businesses serving domestic and international customers.
YTD Price Performance: -3.11%
Average Trading Volume: 1,282,911
Technical Sentiment Signal: Buy
Current Market Cap: Yen458.3B
Find detailed analytics on 2871 stock on TipRanks’ Stock Analysis page.