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Shimizu ( (JP:1803) ) has issued an update.
Shimizu Corporation announced the successful completion of its tender offer for The Nippon Road Co., Ltd., acquiring 16,796,643 shares, which exceeded the minimum threshold of 7,277,000 shares. This acquisition strengthens Shimizu’s position in the construction sector and is expected to enhance its market capabilities and stakeholder value.
The most recent analyst rating on (JP:1803) stock is a Hold with a Yen800.00 price target. To see the full list of analyst forecasts on Shimizu stock, see the JP:1803 Stock Forecast page.
More about Shimizu
Shimizu Corporation operates in the construction industry, providing a range of services related to building and civil engineering. The company is listed on the Tokyo Stock Exchange and focuses on expanding its market presence through strategic acquisitions.
Average Trading Volume: 2,301,454
Technical Sentiment Signal: Buy
Current Market Cap: Yen1048.9B
See more data about 1803 stock on TipRanks’ Stock Analysis page.