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Shimizu ( (JP:1803) ) has provided an announcement.
Shimizu Corporation has set the terms for a secondary offering of its common stock, following a board resolution earlier in March. The selling price has been fixed at 2,920.5 yen per share, with the total selling value amounting to 41.29 billion yen, and the share delivery date scheduled for March 19, 2026.
Underwriters will acquire the shares at an underwriting price of 2,800.06 yen per share, corresponding to a total underwriting amount of 39.59 billion yen. The transaction, which does not involve any public offering in the United States, clarifies pricing and structure for the market and existing shareholders ahead of the secondary share delivery.
The most recent analyst rating on (JP:1803) stock is a Buy with a Yen3550.00 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 is a major Japanese construction and engineering company listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. The firm operates in the building, civil engineering, and infrastructure sectors, serving both domestic and international markets through large-scale projects and comprehensive construction services.
YTD Price Performance: 16.69%
Average Trading Volume: 3,580,905
Technical Sentiment Signal: Buy
Current Market Cap: Yen2079.8B
See more data about 1803 stock on TipRanks’ Stock Analysis page.