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Pharma Foods International Co., Ltd. ( (JP:2929) ) has issued an update.
Pharma Foods International Co., Ltd. announced that its Board of Directors has opposed a shareholder proposal to amend the Articles of Incorporation to hold annual general meetings in a hybrid format and to revise the dividend policy to return 40% or more of consolidated net income as cash dividends. The Board believes the hybrid format would limit flexibility and increase costs, while the dividend policy change would hinder the company’s ability to balance growth and shareholder returns.
The most recent analyst rating on (JP:2929) stock is a Hold with a Yen916.00 price target. To see the full list of analyst forecasts on Pharma Foods International Co., Ltd. stock, see the JP:2929 Stock Forecast page.
More about Pharma Foods International Co., Ltd.
Pharma Foods International Co., Ltd. is a company operating in the pharmaceutical and food industries, focusing on the development and sale of health-related products. The company is listed on the Prime Market and is led by President Mujo Kim.
Average Trading Volume: 211,499
Technical Sentiment Signal: Sell
Current Market Cap: Yen23.87B
See more data about 2929 stock on TipRanks’ Stock Analysis page.