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JTOWER to Delist from Tokyo Stock Exchange After Share Consolidation
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JTOWER to Delist from Tokyo Stock Exchange After Share Consolidation

JTOWER, Inc. (JP:4485) has released an update.

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JTOWER Inc. has announced a significant share consolidation, consolidating over 2 million shares into one, which will result in the company’s ordinary shares being delisted from the Tokyo Stock Exchange by January 7, 2025. This move, approved at an extraordinary general meeting, involves major amendments to the company’s articles of incorporation and aims to streamline its capital structure. Investors should note that JTOWER shares will no longer be tradable on the TSE post-delisting.

For further insights into JP:4485 stock, check out TipRanks’ Stock Analysis page.

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