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Nippon Sheet Glass Company ( (JP:5202) ) has issued an update.
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 company to acquire 1,732 of these shares in exchange for 2,925,883 common shares. This transaction will result in an increase in the number of common shares and a decrease in Class A shares, which do not have voting rights, potentially impacting the company’s shareholder structure and market dynamics.
The most recent analyst rating on (JP:5202) stock is a Hold with a Yen530.00 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, focusing on producing a variety of glass products. The company is headquartered in Tokyo, Japan, and is known for its innovations in glass technology and solutions.
YTD Price Performance: 49.02%
Average Trading Volume: 1,205,400
Technical Sentiment Signal: Buy
Current Market Cap: Yen49.27B
See more data about 5202 stock on TipRanks’ Stock Analysis page.