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TENMA ( (JP:7958) ) has provided an update.
TENMA CORPORATION announced the successful completion of a tender offer for its common shares by FHL Holdings Inc., which began on March 17, 2025, and concluded on April 28, 2025. As a result of the tender offer, FHL Holdings Inc. will become the new parent company and largest shareholder of TENMA, with a voting rights ratio exceeding 50% as of May 9, 2025. Dalton Investments, Inc., the previous largest shareholder, will no longer hold this status.
More about TENMA
YTD Price Performance: 9.60%
Average Trading Volume: 500
Technical Sentiment Signal: Strong Sell
Current Market Cap: $454.6M
Find detailed analytics on 7958 stock on TipRanks’ Stock Analysis page.