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Shinnihon Corporation to Enhance Share Liquidity with Off-Floor Distribution

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Shinnihon Corporation to Enhance Share Liquidity with Off-Floor Distribution

Shinnihon Corporation ( (JP:1879) ) has provided an announcement.

Shinnihon Corporation has announced the off-floor distribution of 1,060,700 shares at a price of 1,358 yen per share, to be executed on February 26, 2025, at the Tokyo Stock Exchange. This move aims to enhance the liquidity and circulation of its shares, potentially impacting the company’s market presence and shareholder value.

More about Shinnihon Corporation

YTD Price Performance: -10.49%

Average Trading Volume: 78,059

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen81.84B

Learn more about 1879 stock on TipRanks’ Stock Analysis page.

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