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Proto Corporation Announces Change in Major Shareholder Following Successful Tender Offer

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Proto Corporation Announces Change in Major Shareholder Following Successful Tender Offer

An announcement from Proto Corp. ( (JP:4298) ) is now available.

Proto Corporation announced the successful completion of a tender offer by Foresight Co., Ltd., which will result in a change of its parent company and major shareholder. This development, scheduled for finalization on April 11, 2025, will see Foresight Co., Ltd. and its affiliate Mugen Co., Ltd. gaining more than 50% voting rights, thereby strengthening their control over Proto Corporation.

More about Proto Corp.

Proto Corporation operates in the financial sector, focusing on the acquisition and holding of company shares. It is listed on the TSE Prime Market and NSE Premier Market, indicating its significant presence in the stock exchange.

YTD Price Performance: 60.93%

Average Trading Volume: 229,660

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen83.77B

See more data about 4298 stock on TipRanks’ Stock Analysis page.

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