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TBK Co., Ltd. ( (JP:7277) ) has issued an update.
TBK Co., Ltd. has completed the issuance of new shares through a third-party allotment to Brakes India Private Limited, resulting in Brakes India becoming the largest major shareholder. This strategic move increases TBK’s capital stock and strengthens its financial position, potentially enhancing its market competitiveness.
The most recent analyst rating on (JP:7277) stock is a Hold with a Yen297.00 price target. To see the full list of analyst forecasts on TBK Co., Ltd. stock, see the JP:7277 Stock Forecast page.
More about TBK Co., Ltd.
TBK Co., Ltd. operates in the automotive industry, focusing on the manufacture and sale of automotive components. The company is listed on the Tokyo Stock Exchange and is led by President & CEO Kaoru Ogata.
Average Trading Volume: 51,569
Technical Sentiment Signal: Buy
Current Market Cap: Yen9.96B
For detailed information about 7277 stock, go to TipRanks’ Stock Analysis page.