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Kokusai Electric Announces Change in Largest Shareholder

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Kokusai Electric Announces Change in Largest Shareholder

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Kokusai Electric Corporation ( (JP:6525) ) just unveiled an update.

Kokusai Electric Corporation has announced a change in its largest and principal shareholder. Applied Materials Europe B.V. has sold 10,700,000 shares of Kokusai Electric to Goldman Sachs Securities Co., Ltd., resulting in KKR HKE Investment L.P. becoming the new largest shareholder with 10.36% of the company’s common shares. This change may impact the company’s shareholder dynamics and influence its strategic direction.

The most recent analyst rating on (JP:6525) stock is a Hold with a Yen5099.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

More about Kokusai Electric Corporation

Average Trading Volume: 4,845,531

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1124.9B

Learn more about 6525 stock on TipRanks’ Stock Analysis page.

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