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POSCO Announces Dissolution of Subsidiary POSCO CNGR Nickel Solution

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POSCO Announces Dissolution of Subsidiary POSCO CNGR Nickel Solution

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POSCO ( (PKX) ) has issued an announcement.

On February 11, 2025, POSCO Holdings Inc. announced the dissolution of its subsidiary, POSCO CNGR Nickel Solution Co., Ltd., following a resolution at an extraordinary general shareholders’ meeting. This move involves the initiation of liquidation procedures, and upon completion, the subsidiary will no longer be part of POSCO Holdings, potentially impacting the company’s strategic positioning and stakeholder interests.

More about POSCO

POSCO Holdings Inc. is a prominent player in the steel manufacturing industry, known for producing various steel products and solutions, with a focus on innovation and sustainability in the global market.

YTD Price Performance: -2.94%

Average Trading Volume: 310,417

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.15B

See more insights into PKX stock on TipRanks’ Stock Analysis page.

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