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Japan Tobacco ( (JP:2914) ) has issued an update.
Japan Tobacco has announced a refinancing strategy involving a new JPY 100 billion subordinated loan to replace an existing one, aimed at achieving financial soundness and capital efficiency without share dilution. This move aligns with JT’s financial policy to maintain resilience and flexibility, thus strengthening its financial base, which is expected to positively impact its long-term growth and stability in the industry.
More about Japan Tobacco
Japan Tobacco Inc. (JT) is a global company headquartered in Tokyo, Japan, listed on the Tokyo Stock Exchange. It operates in three business segments: tobacco, pharmaceutical, and processed food, with tobacco being the largest segment. JT markets its products in over 130 markets and is committed to investing in Reduced-Risk Products, such as its Ploom brand for heated tobacco.
YTD Price Performance: -6.43%
Average Trading Volume: 395
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $44.28B
For a thorough assessment of 2914 stock, go to TipRanks’ Stock Analysis page.
