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NIPPON ROAD CO., LTD. ( (JP:1884) ) has provided an announcement.
Shimizu Corporation, the controlling shareholder of The Nippon Road Co., Ltd., has completed a tender offer for the company’s common stock, resulting in the delisting of Nippon Road’s shares from the Tokyo Stock Exchange. This move signifies a strategic consolidation by Shimizu Corporation, potentially affecting the company’s market presence and stakeholders as Nippon Road transitions from a publicly traded entity.
More about NIPPON ROAD CO., LTD.
The Nippon Road Co., Ltd. operates in the construction industry, primarily focusing on road construction and maintenance services. The company is listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 211,380
Technical Sentiment Signal: Buy
Current Market Cap: Yen107.9B
Learn more about 1884 stock on TipRanks’ Stock Analysis page.