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SBI Holdings Completes Share Issuance to NTT, Strengthening Capital Base

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SBI Holdings Completes Share Issuance to NTT, Strengthening Capital Base

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SBI Holdings ( (JP:8473) ) just unveiled an announcement.

SBI Holdings, Inc. has completed the issuance of new shares through a third-party allotment to NTT, Inc., raising approximately 110.75 billion yen. This strategic move, resolved by the company’s Board of Directors, increases SBI’s total issued shares to 330,112,007 and strengthens its capital base, potentially enhancing its financial stability and market competitiveness.

The most recent analyst rating on (JP:8473) stock is a Sell with a Yen3500.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.

More about SBI Holdings

SBI Holdings, Inc. operates in the financial services industry, primarily focusing on investments, banking, and insurance services. The company is known for its strategic alliances and investments in technology and financial sectors, aiming to enhance its market position and expand its service offerings.

Average Trading Volume: 2,488,259

Technical Sentiment Signal: Buy

Current Market Cap: Yen1679.5B

See more insights into 8473 stock on TipRanks’ Stock Analysis page.

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