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SHIMOJIMA Co., Ltd. ( (JP:7482) ) has provided an announcement.
Shimojima Co., Ltd. has announced plans to conduct an off-floor distribution of 1,140,000 shares to improve the liquidity and distribution of its shares. The distribution will take place on May 20, 2025, with a limit of 10,000 shares per purchasing customer, and the price will be determined based on the closing price the day before distribution. This move is intended to enhance the company’s stock market presence and could be postponed if market conditions fluctuate rapidly.
More about SHIMOJIMA Co., Ltd.
Shimojima Co., Ltd. operates in the packaging industry, focusing on the distribution of packaging materials and related services. The company is listed on the Tokyo Stock Exchange and aims to enhance the liquidity and distribution of its shares.
Average Trading Volume: 39,638
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen29.14B
Find detailed analytics on 7482 stock on TipRanks’ Stock Analysis page.