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Pacific Industrial Co., Ltd. ( (JP:7250) ) has shared an announcement.
Pacific Industrial Co., Ltd. addressed a report by Nihon Keizai Shimbun about a potential management buyout (MBO) for privatizing the company’s shares, clarifying that the information was not officially announced by them. The company plans to discuss the MBO and related matters in a board meeting, promising to disclose any resolutions requiring public announcement.
More about Pacific Industrial Co., Ltd.
Pacific Industrial Co., Ltd. operates in the manufacturing sector, focusing on producing automotive components and industrial products. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
Average Trading Volume: 112,268
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen87.36B
Learn more about 7250 stock on TipRanks’ Stock Analysis page.