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Nissin Corporation Announces Shareholder Meeting Amid Delisting Plans

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Nissin Corporation Announces Shareholder Meeting Amid Delisting Plans

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Nissin Corporation ( (JP:9066) ) has provided an update.

Nissin Corporation announced an extraordinary shareholders’ meeting to discuss share consolidation, the abolition of share unit provisions, and amendments to the Articles of Incorporation. The company’s shares will be delisted from the Tokyo Stock Exchange in October 2025, following a management buyout by K.K. BCJ-98, which acquired a significant shareholding through a tender offer. This move is part of a strategic restructuring that could impact stakeholders and the company’s market presence.

More about Nissin Corporation

Nissin Corporation operates in the logistics and transportation industry, focusing on providing comprehensive logistics solutions and services. The company is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 102,331

Technical Sentiment Signal: Buy

Current Market Cap: Yen118.3B

For an in-depth examination of 9066 stock, go to TipRanks’ Overview page.

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