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The latest announcement is out from Nippon Sheet Glass Company ( (JP:5202) ).
Nippon Sheet Glass has announced that Japan Industrial Solutions Fund II, a holder of its Class A shares, has exercised its right to request the exchange of 592 Class A shares for 1,000,070 common shares. This transaction will result in an increase in the number of common shares while reducing the Class A shares, which do not have voting rights. The exchange is part of the company’s ongoing efforts to manage its share structure and could have implications for shareholder dynamics and company governance.
The most recent analyst rating on (JP:5202) stock is a Hold with a Yen480.00 price target. To see the full list of analyst forecasts on Nippon Sheet Glass Company stock, see the JP:5202 Stock Forecast page.
More about Nippon Sheet Glass Company
Nippon Sheet Glass Co., Ltd. operates in the glass manufacturing industry, providing a range of glass products for architectural, automotive, and technical glass markets. The company is headquartered in Tokyo, Japan, and is known for its innovative solutions in glass technology.
Average Trading Volume: 1,014,585
Technical Sentiment Signal: Hold
Current Market Cap: Yen41.55B
Find detailed analytics on 5202 stock on TipRanks’ Stock Analysis page.