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Pacific Industrial Revises Dividend Forecast Amid Management Buyout

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Pacific Industrial Revises Dividend Forecast Amid Management Buyout

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Pacific Industrial Co., Ltd. ( (JP:7250) ) has shared an announcement.

Pacific Industrial Co., Ltd. announced a revision to its dividend forecasts for the fiscal year ending March 31, 2026, deciding not to pay interim or year-end dividends. This decision is contingent upon the successful completion of a management buyout by CORE Inc., which involves a tender offer for the company’s shares. The board supports the tender offer, anticipating the company’s delisting, and emphasizes that the decision aligns with the comprehensive determination of purchase prices in the tender offer.

More about Pacific Industrial Co., Ltd.

Pacific Industrial Co., Ltd. operates in the industrial sector, focusing on manufacturing and distributing a range of industrial products. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

Average Trading Volume: 111,736

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen88.51B

Find detailed analytics on 7250 stock on TipRanks’ Stock Analysis page.

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