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The latest update is out from Nippon Air Conditioning Services Co., Ltd. ( (JP:4658) ).
Nippon Air Conditioning Services Co., Ltd. announced a secondary offering of its common stock, involving 3,561,800 shares. The offering will be conducted through purchase and underwriting by underwriters, with shares sold by several banks, including Aichi Bank, MUFG Bank, and others. The pricing will be determined based on market demand and conditions. This move is likely aimed at enhancing liquidity and potentially expanding the shareholder base.
The most recent analyst rating on (JP:4658) stock is a Buy with a Yen1239.00 price target. To see the full list of analyst forecasts on Nippon Air Conditioning Services Co., Ltd. stock, see the JP:4658 Stock Forecast page.
More about Nippon Air Conditioning Services Co., Ltd.
Nippon Air Conditioning Services Co., Ltd. operates in the air conditioning industry, providing services related to air conditioning systems. The company is listed on the TSE Prime Market and NSE Premier Market, indicating a focus on maintaining a strong presence in the Japanese market.
Average Trading Volume: 102,603
Technical Sentiment Signal: Buy
Current Market Cap: Yen42.6B
For detailed information about 4658 stock, go to TipRanks’ Stock Analysis page.