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Shinnihon Corporation ( (JP:1879) ) has provided an update.
Shinnihon Corporation has successfully completed the off-floor distribution of 1,060,700 shares at a price of 1,358 yen per share on the Tokyo Stock Exchange. This strategic move aims to improve the liquidity and distribution of its shares, thereby increasing the ratio of shares in circulation and potentially strengthening its market position.
More about Shinnihon Corporation
Shinnihon Corporation operates in the construction industry, focusing on the distribution and liquidity of its shares to enhance market presence.
YTD Price Performance: -10.49%
Average Trading Volume: 77,820
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen81.84B
For a thorough assessment of 1879 stock, go to TipRanks’ Stock Analysis page.