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Tachibana Eletech Co., Ltd. ( (JP:8159) ) just unveiled an announcement.
Tachibana Eletech Co., Ltd. has decided to retain its anti-takeover measures, initially adopted in 2022, to protect against unsolicited large-scale stock purchases that could affect the company’s control. This decision, supported by the Audit and Supervisory Committee, aims to safeguard the company’s corporate value and the interests of its shareholders by ensuring that any potential controlling parties align with the company’s management philosophy and stakeholder relationships.
More about Tachibana Eletech Co., Ltd.
Tachibana Eletech Co., Ltd. is a technology-driven trading house founded in 1921, initially serving as a general sales agent for Mitsubishi Electric Corporation. The company specializes in providing high-value-added electrical, mechanical, electronic, and information products and systems, with a significant market presence in Japan, China, and Southeast Asia. Their focus is on enhancing manufacturing productivity through AI, IoT, and M2M technologies.
Average Trading Volume: 36,764
Technical Sentiment Signal: Buy
Current Market Cap: Yen60.96B
For detailed information about 8159 stock, go to TipRanks’ Stock Analysis page.