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Toyo Construction Co., Ltd. ( (JP:1890) ) just unveiled an announcement.
Toyo Construction Co., Ltd. announced a revision of its dividend forecasts, deciding not to pay interim and year-end dividends for the fiscal year ending March 2026. This decision aligns with the planned tender offer by Taisei Corporation, which aims to make Toyo Construction a wholly owned subsidiary, leading to the delisting of its shares. The move is intended to ensure fairness among shareholders as the tender offer progresses.
More about Toyo Construction Co., Ltd.
Toyo Construction Co., Ltd. operates in the construction industry, focusing on providing comprehensive construction services. The company is listed on the TSE Prime Market and is known for its commitment to shareholder returns through consistent dividends.
Average Trading Volume: 696,774
Technical Sentiment Signal: Buy
Current Market Cap: Yen167.7B
For an in-depth examination of 1890 stock, go to TipRanks’ Overview page.