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Tokyo Cosmos Electric Co., Ltd. ( (JP:6772) ) has provided an update.
Tokyo Cosmos Electric Co., Ltd. has announced the termination of its Tender Offer Agreement with Bourns Japan Holdings LLC. The decision was influenced by the major shareholders’ lack of intention to tender their shares, which made the success of the tender offer unlikely. This move reflects a significant shift in the company’s strategic direction and could impact its future operations and stakeholder relationships.
The most recent analyst rating on (JP:6772) stock is a Hold with a Yen9277.00 price target. To see the full list of analyst forecasts on Tokyo Cosmos Electric Co., Ltd. stock, see the JP:6772 Stock Forecast page.
More about Tokyo Cosmos Electric Co., Ltd.
Tokyo Cosmos Electric Co., Ltd. operates in the electronics industry, focusing on the production and development of electronic components and devices. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in its market offerings.
Average Trading Volume: 1,635
Technical Sentiment Signal: Buy
Current Market Cap: Yen11.78B
For detailed information about 6772 stock, go to TipRanks’ Stock Analysis page.