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Ryobi ( (JP:5851) ) has shared an update.
Ryobi Limited has announced a secondary offering of 1,989,700 shares of its common stock, with several major banks and insurance companies acting as selling shareholders. The offering aims to optimize the company’s capital structure and potentially enhance its market position, with the offer price to be determined based on market demand.
The most recent analyst rating on (JP:5851) stock is a Buy with a Yen2813.00 price target. To see the full list of analyst forecasts on Ryobi stock, see the JP:5851 Stock Forecast page.
More about Ryobi
Ryobi Limited operates in the manufacturing industry, primarily focusing on producing power tools and outdoor equipment. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions and market presence in the power tool sector.
Average Trading Volume: 134,365
Technical Sentiment Signal: Buy
Current Market Cap: Yen91.09B
See more data about 5851 stock on TipRanks’ Stock Analysis page.