TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Sumitomo Bakelite Co., Ltd. ( (JP:4203) ) is now available.
Sumitomo Bakelite Co., Ltd. has completed the payment procedures for the disposal of its treasury shares as part of a restricted stock compensation plan. This move, resolved by the Board of Directors, involves the disposal of 22,363 shares at a price of 3,902 yen per share, totaling 87,260,426 yen, and is aimed at compensating directors and executive officers, potentially impacting the company’s financial structure and stakeholder interests.
The most recent analyst rating on (JP:4203) stock is a Hold with a Yen4700.00 price target. To see the full list of analyst forecasts on Sumitomo Bakelite Co., Ltd. stock, see the JP:4203 Stock Forecast page.
More about Sumitomo Bakelite Co., Ltd.
Sumitomo Bakelite Co., Ltd. operates in the chemical industry, specializing in the production of high-performance plastics and synthetic resins. The company focuses on providing innovative materials for various sectors, including electronics, automotive, and healthcare.
Average Trading Volume: 254,652
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen377.8B
See more insights into 4203 stock on TipRanks’ Stock Analysis page.