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TBS HOLDINGS, INC. Launches Akasaka Creative Foundation and Plans Treasury Share Disposal

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The latest announcement is out from TBS HOLDINGS INC. ( (JP:9401) ).

TBS HOLDINGS, INC. announced the establishment of the Akasaka Creative Foundation to support the long-term development of Akasaka and promote Japanese creativity globally. Additionally, the company plans to dispose of 1,640,000 treasury shares through a third-party allotment to Mizuho Trust & Banking Co., Ltd., pending shareholder approval, to fund the Foundation’s activities.

More about TBS HOLDINGS INC.

TBS HOLDINGS, INC. operates in the broadcasting industry, providing radio and television services since the early 1950s. The company focuses on delivering accurate news and engaging content across Japan and internationally, adhering to a philosophy of offering timeless value and respecting diverse values.

Average Trading Volume: 344,468

Technical Sentiment Signal: Buy

Current Market Cap: Yen751.5B

Find detailed analytics on 9401 stock on TipRanks’ Stock Analysis page.

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