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An announcement from Tokyo Electric Power Company Holdings ( (JP:9501) ) is now available.
Tokyo Electric Power Company Holdings (TEPCO) has received a grant of 6.8 billion yen from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation to aid in compensating those affected by a nuclear accident. This financial assistance is part of a larger effort, as TEPCO has previously received substantial funding for indemnity and grants, highlighting the ongoing financial challenges and commitments the company faces in addressing nuclear damage compensation.
The most recent analyst rating on (JP:9501) stock is a Buy with a Yen639.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.
More about Tokyo Electric Power Company Holdings
Tokyo Electric Power Company Holdings is a major player in the energy industry, primarily focusing on electricity generation and distribution. The company is involved in nuclear energy and has been dealing with the aftermath of nuclear incidents, requiring significant financial assistance for compensation and decommissioning efforts.
Average Trading Volume: 69,149,949
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1184.7B
For a thorough assessment of 9501 stock, go to TipRanks’ Stock Analysis page.