tiprankstipranks
Trending News
More News >

Furukawa Co., Ltd. Announces Share Cancellation

Story Highlights
Furukawa Co., Ltd. Announces Share Cancellation

The latest update is out from Furukawa Co., Ltd. ( (JP:5715) ).

Furukawa Co., Ltd. has announced that it will cancel 4 million of its own shares, representing 9.88% of the total issued shares before cancellation. This strategic move, scheduled for February 28, 2025, aims to consolidate ownership and potentially enhance shareholder value, reflecting a significant financial decision impacting the company’s share structure.

More about Furukawa Co., Ltd.

YTD Price Performance: 32.98%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €508.1M

For detailed information about 5715 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App