Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Yotai Refractories Co., Ltd. ( (JP:5357) ) just unveiled an announcement.
Yotai Refractories Co., Ltd. has announced its support for a tender offer by ASNF HOLDINGS GK for its common shares, while leaving the decision to tender shares to individual shareholders. The tender offer aims to acquire shares from major shareholders, including UGS Asset Management and Sumitomo Osaka Cement, without delisting the company from the Tokyo Stock Exchange, potentially impacting the company’s shareholder structure and market positioning.
More about Yotai Refractories Co., Ltd.
Yotai Refractories Co., Ltd. operates in the refractories industry, focusing on the production and distribution of materials that can withstand high temperatures, primarily serving industries such as steel, cement, and glass manufacturing.
YTD Price Performance: 6.97%
Average Trading Volume: 23,563
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen24.18B
For an in-depth examination of 5357 stock, go to TipRanks’ Stock Analysis page.