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DaikyoNishikawa Completes Share Cancellation to Optimize Capital Structure

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DaikyoNishikawa Completes Share Cancellation to Optimize Capital Structure

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An update from DaikyoNishikawa Corp. ( (JP:4246) ) is now available.

DaikyoNishikawa Corporation announced the completion of the cancellation of 2,898,600 of its own common shares, which constituted 3.9% of the total issued shares prior to the cancellation. This strategic move, resolved by the Board of Directors, reduces the total number of issued shares to 70,997,800, potentially enhancing shareholder value and optimizing the company’s capital structure.

The most recent analyst rating on (JP:4246) stock is a Buy with a Yen819.00 price target. To see the full list of analyst forecasts on DaikyoNishikawa Corp. stock, see the JP:4246 Stock Forecast page.

More about DaikyoNishikawa Corp.

Average Trading Volume: 160,967

Technical Sentiment Signal: Buy

Current Market Cap: Yen54.4B

For detailed information about 4246 stock, go to TipRanks’ Stock Analysis page.

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