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NIPPON ROAD CO., LTD. ( (JP:1884) ) has provided an announcement.
Nippon Road Co., Ltd. has announced a series of corporate actions, including a share consolidation and amendments to its Articles of Incorporation, which will lead to its delisting from the Tokyo Stock Exchange. This move follows a successful tender offer by Shimizu Corporation, aiming to make Nippon Road a wholly-owned subsidiary, thereby consolidating its control and potentially impacting the company’s market operations and shareholder dynamics.
More about NIPPON ROAD CO., LTD.
Nippon Road Co., Ltd. operates in the construction industry, focusing on infrastructure development and road construction services. The company is known for its expertise in building and maintaining roads, contributing significantly to the transportation sector.
Average Trading Volume: 233,743
Technical Sentiment Signal: Buy
Current Market Cap: Yen107.9B
For detailed information about 1884 stock, go to TipRanks’ Stock Analysis page.