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Nippon Steel’s Subsidiary Osaka Steel Sets Tender Offer Price

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Nippon Steel’s Subsidiary Osaka Steel Sets Tender Offer Price

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An update from NIPPON STEEL ( (JP:5401) ) is now available.

Nippon Steel Corporation announced that its subsidiary, Osaka Steel Co., Ltd., has set a purchase price of 2,450 yen per share for its tender offer of its own shares. Nippon Steel has decided to tender all the shares it holds in Osaka Steel as part of this offer, following the resolutions made in their recent board meetings.

More about NIPPON STEEL

Nippon Steel Corporation is a leading player in the steel industry, primarily involved in the production and sale of steel products. The company has a significant market presence and is engaged in various operations across multiple regions.

YTD Price Performance: 21.29%

Average Trading Volume: 2,872

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $23.23B

See more data about 5401 stock on TipRanks’ Stock Analysis page.

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