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istyle Inc. ( (JP:3660) ) has provided an announcement.
istyle Inc. announced a significant change in its shareholder structure following the exercise of conversion rights by MITSUI & CO., LTD. for its 2nd Series of Unsecured Bonds with Convertible Bond Type Warrants. This exercise resulted in the issuance of 5,725,190 new shares, increasing the total number of shares to 102,403,967 and raising the capital stock to 8,917 million yen. Consequently, Amazon.com, Inc. is no longer considered a major or the single largest shareholder, as its percentage of total voting rights decreased slightly, impacting the company’s shareholder dynamics.
The most recent analyst rating on (JP:3660) stock is a Buy with a Yen716.00 price target. To see the full list of analyst forecasts on istyle Inc. stock, see the JP:3660 Stock Forecast page.
More about istyle Inc.
istyle Inc. operates in the beauty and cosmetics industry, offering a range of products and services that focus on enhancing consumer experiences in beauty care. The company is listed on the Prime Market under the stock exchange code 3660.
YTD Price Performance: 29.59%
Average Trading Volume: 1,458,450
Technical Sentiment Signal: Buy
Current Market Cap: Yen51.1B
For a thorough assessment of 3660 stock, go to TipRanks’ Stock Analysis page.