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Stella Chemifa ( (JP:4109) ) has issued an announcement.
Stella Chemifa Corporation announced that its Board of Directors has decided to reject all shareholder proposals submitted by Nippon Active Value Fund plc for the upcoming Ordinary General Meeting. The proposals included amendments to the Articles of Incorporation and the acquisition of treasury stock, among others. The Board believes that maintaining decision-making within the Board allows for more agile and flexible management, aligning with their strategy to enhance medium- to long-term corporate value and shareholder returns.
More about Stella Chemifa
Stella Chemifa Corporation operates in the chemical industry, focusing on the production and supply of high-purity chemicals and related services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its commitment to enhancing corporate value and shareholder returns.
Average Trading Volume: 32,515
Technical Sentiment Signal: Buy
Current Market Cap: Yen47.21B
For an in-depth examination of 4109 stock, go to TipRanks’ Stock Analysis page.