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An announcement from NIPPN Corporation ( (JP:2001) ) is now available.
NIPPN Corporation has announced a secondary offering of 4,903,200 shares of its common stock, as resolved by its Board of Directors. The offering, involving major sellers like Yakult Honsha and Mitsui Sumitomo Insurance, aims to be conducted through purchase and subscription by underwriters, with the final selling price to be determined based on market conditions. This move could impact the company’s market positioning by potentially increasing liquidity and shareholder base.
The most recent analyst rating on (JP:2001) stock is a Hold with a Yen2431.00 price target. To see the full list of analyst forecasts on NIPPN Corporation stock, see the JP:2001 Stock Forecast page.
More about NIPPN Corporation
NIPPN Corporation is a company listed on the Prime Market of the Tokyo Stock Exchange, primarily involved in the food industry. It is known for its production and distribution of flour and other food-related products, focusing on both domestic and international markets.
Average Trading Volume: 174,561
Technical Sentiment Signal: Buy
Current Market Cap: Yen183.5B
Find detailed analytics on 2001 stock on TipRanks’ Stock Analysis page.