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The latest update is out from IBIDEN CO ( (JP:4062) ).
IBIDEN CO., LTD. has resolved to reduce its cross-shareholdings by more than 50% by the end of FY2023 as part of its medium-term management plan. This move aims to enhance capital efficiency and liquidity, with proceeds to be allocated towards strategic investments and shareholder returns, ultimately aiming to strengthen the company’s business foundation and sustainable growth.
More about IBIDEN CO
IBIDEN CO., LTD. operates in the electronics industry and is listed on Tokyo and Nagoya Stock Exchange. The company focuses on enhancing capital efficiency and liquidity through strategic financial management, including reducing cross-shareholdings.
YTD Price Performance: 0.12%
Average Trading Volume: 1,485
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.12B
For an in-depth examination of 4062 stock, go to TipRanks’ Stock Analysis page.