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DD GROUP Co., Ltd. Announces Strategic Shareholder Meeting and Delisting Plans

Story Highlights
  • DD GROUP Co., Ltd. plans a shareholders’ meeting to discuss share consolidation and amendments.
  • The company will be delisted from the Tokyo Stock Exchange following a successful tender offer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DD GROUP Co., Ltd. Announces Strategic Shareholder Meeting and Delisting Plans

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The latest announcement is out from DD GROUP Co., Ltd. ( (JP:3073) ).

DD GROUP Co., Ltd. has announced an extraordinary shareholders’ meeting to discuss share consolidation, the abolition of share units, and amendments to its Articles of Incorporation. This move, part of a broader strategy to privatize the company, will lead to its delisting from the Tokyo Stock Exchange Prime Market. The decision follows a successful tender offer by PCGVI-1 Inc., which now holds a significant majority of the company’s shares, indicating a strategic shift in ownership and potential impacts on stakeholders.

The most recent analyst rating on (JP:3073) stock is a Hold with a Yen1865.00 price target. To see the full list of analyst forecasts on DD GROUP Co., Ltd. stock, see the JP:3073 Stock Forecast page.

More about DD GROUP Co., Ltd.

DD GROUP Co., Ltd. operates within the Food and Beverage/Amusement and Hotels and Real Estate sectors. The company, along with its subsidiaries, aims to enhance corporate and shareholder value by creating innovative brands and achieving financial targets set in its medium-term management plan.

Average Trading Volume: 185,360

Technical Sentiment Signal: Buy

Current Market Cap: Yen30.49B

For an in-depth examination of 3073 stock, go to TipRanks’ Overview page.

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