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Suzuki Motor ( (JP:7269) ) has provided an update.
Suzuki Motor Corporation announced the selling price for its secondary offering of common stock, set at 1,492 yen per share, with the total offering amounting to approximately 142.8 billion yen. This move is part of a strategic financial maneuver to enhance liquidity and potentially strengthen its market position, with a portion of shares being offered to overseas investors, excluding the U.S. and Canada.
More about Suzuki Motor
Suzuki Motor Corporation is a prominent player in the automotive industry, primarily focusing on manufacturing automobiles, motorcycles, and outboard motors. The company operates globally, with a significant presence in markets across Asia and Europe.
YTD Price Performance: -6.56%
Average Trading Volume: 11,839
Technical Sentiment Signal: Strong Buy
Current Market Cap: $21.56B
See more insights into 7269 stock on TipRanks’ Stock Analysis page.