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Park24 Co. Proposes Reduction in Legal Capital Surplus

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Park24 Co. Proposes Reduction in Legal Capital Surplus

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An announcement from Park24 Co ( (JP:4666) ) is now available.

Park24 Co., Ltd. has announced a proposal to reduce its legal capital surplus by 28 billion yen, transferring this amount to other capital surplus to enhance distribution capabilities and prepare for future financial strategies. This internal financial restructuring will not affect the company’s total shareholders’ equity, net assets, or operating results, ensuring stability for stakeholders.

The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

More about Park24 Co

Park24 Co., Ltd. operates in the parking services industry, focusing on providing parking solutions and services. The company is known for its Parking Business International, which was recently transferred to TIMES24.

YTD Price Performance: -14.09%

Average Trading Volume: 877,970

Technical Sentiment Signal: Hold

Current Market Cap: Yen318.9B

See more data about 4666 stock on TipRanks’ Stock Analysis page.

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