Showa Denko KK (JP:4004) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Resonac Holdings Corporation has announced an organizational restructuring involving the partial spin-off of its petrochemical business. This move will see Crasus Chemical, a subsidiary, absorb the business, with shares distributed as an in-kind dividend. The restructuring is set to be effective from January 1, 2025, and aims to streamline operations within the company.
For further insights into JP:4004 stock, check out TipRanks’ Stock Analysis page.