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Daicel Corporation Announces Cancellation of 10 Million Treasury Shares

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Protect Your Portfolio Against Market Uncertainty

Daicel ( (JP:4202) ) has shared an announcement.

Daicel Corporation has announced its decision to cancel 10 million treasury shares, which constitutes 3.61% of its total shares before cancellation. This move, resolved at a Board of Directors meeting, is expected to impact the company’s share structure by reducing the total number of shares issued to 266,942,682, potentially affecting shareholder value and market perception.

The most recent analyst rating on (JP:4202) stock is a Buy with a Yen2040.00 price target. To see the full list of analyst forecasts on Daicel stock, see the JP:4202 Stock Forecast page.

More about Daicel

Daicel Corporation operates in the chemical industry, focusing on the production and supply of a wide range of chemical products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its diverse portfolio that includes products such as cellulose acetate, organic chemicals, and high-performance materials.

Average Trading Volume: 710,391

Technical Sentiment Signal: Hold

Current Market Cap: Yen336.5B

See more insights into 4202 stock on TipRanks’ Stock Analysis page.

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