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Unicharm Maintains Independence Despite Significant Shareholding by Unitec

Story Highlights
  • Unicharm Corporation’s independence remains unaffected by Unitec’s 26.44% shareholding.
  • No material transactions reported between Unicharm and its controlling shareholder.
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Unicharm Maintains Independence Despite Significant Shareholding by Unitec

Unicharm ( (JP:8113) ) has provided an announcement.

Unicharm Corporation announced that Unitec Corporation, an associated company, holds 26.44% of its voting rights. Despite this significant shareholding, Unitec has not influenced Unicharm’s business activities or management decisions, maintaining the latter’s independence. There are no material transactions to report with the controlling shareholder.

More about Unicharm

Unicharm Corporation operates in the consumer goods industry, primarily focusing on hygiene products such as diapers, feminine care, and adult incontinence items. The company is listed on the Tokyo Stock Exchange and is recognized for its commitment to innovation and quality in personal care products.

YTD Price Performance: -3.72%

Average Trading Volume: 18,442

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.81B

See more data about 8113 stock on TipRanks’ Stock Analysis page.

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