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The latest announcement is out from Sumitomo Mitsui Construction Co., Ltd. ( (JP:1821) ).
Sumitomo Mitsui Construction Co., Ltd. announced the approval of a share consolidation, which will result in the delisting of its common stock from the Tokyo Stock Exchange by December 19, 2025. This move is part of a strategy to privatize the company, with shares being consolidated into a single entity owned by INFRONEER Holdings Inc., impacting shareholders and the company’s market presence.
The most recent analyst rating on (JP:1821) stock is a Hold with a Yen608.00 price target. To see the full list of analyst forecasts on Sumitomo Mitsui Construction Co., Ltd. stock, see the JP:1821 Stock Forecast page.
More about Sumitomo Mitsui Construction Co., Ltd.
Sumitomo Mitsui Construction Co., Ltd. operates in the construction industry, providing a range of construction services and solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its focus on infrastructure and building projects.
Average Trading Volume: 694,919
Technical Sentiment Signal: Buy
Current Market Cap: Yen93.15B
For a thorough assessment of 1821 stock, go to TipRanks’ Stock Analysis page.