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TBS HOLDINGS INC. ( (JP:9401) ) has issued an update.
TBS HOLDINGS, INC. has decided to amend its ‘Policy on Responding to Takeover Proposals for Company Shares,’ reducing the effective term from three years to one year, to better adapt to future needs and maintain corporate value. This decision aligns with the company’s strategic goals under its ‘VISION 2030’ plan, aiming to evolve from a media group to a content group while protecting against large-scale acquisitions that could harm its transformation efforts.
More about TBS HOLDINGS INC.
TBS HOLDINGS, INC. operates in the broadcasting industry, focusing on delivering media content. As a certified broadcasting holding company, it plays a significant role in the Japanese market, emphasizing autonomy, diversity, and independence to maintain neutrality as a news media outlet.
YTD Price Performance: 20.20%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.53B
See more data about 9401 stock on TipRanks’ Stock Analysis page.