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The latest announcement is out from SCAT Inc. ( (JP:3974) ).
SCAT Inc. announced a gratis allotment of shares, aiming to increase liquidity and return profits to shareholders by distributing treasury stock. This move is part of their strategy to comply with listing maintenance standards and will not affect the company’s capital or forecasted dividends, effectively increasing dividends by 10%.
The most recent analyst rating on (JP:3974) stock is a Buy with a Yen534.00 price target. To see the full list of analyst forecasts on SCAT Inc. stock, see the JP:3974 Stock Forecast page.
More about SCAT Inc.
SCAT Inc. operates in the financial sector, focusing on providing shareholder returns through stable dividends. The company is listed on the Tokyo Stock Exchange Standard Market and the Nagoya Stock Exchange Main Market. It holds a significant amount of treasury stock, which it aims to utilize effectively to enhance shareholder value.
Average Trading Volume: 8,342
Technical Sentiment Signal: Buy
Current Market Cap: Yen2.28B
Learn more about 3974 stock on TipRanks’ Stock Analysis page.