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Mandom Corporation Responds to Large-Scale Share Acquisition

Story Highlights
  • Mandom Corporation introduces a policy to address large-scale share acquisitions.
  • The policy aims to protect corporate value and shareholder interests from undue influence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mandom Corporation Responds to Large-Scale Share Acquisition

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Mandom ( (JP:4917) ) has shared an announcement.

Mandom Corporation has introduced a response policy to address the large-scale acquisition of its shares by City Index Eleventh Co., Ltd. and related parties, who have rapidly increased their shareholding to 17.63%. The company aims to protect its corporate value and shareholders’ interests by ensuring that decisions on its financial and business policies are not unduly influenced by these acquisitions, which may lack transparency and exert pressure on shareholders.

The most recent analyst rating on (JP:4917) stock is a Buy with a Yen2690.00 price target. To see the full list of analyst forecasts on Mandom stock, see the JP:4917 Stock Forecast page.

More about Mandom

Mandom Corporation operates in the cosmetics and personal care industry, focusing on products such as skincare, haircare, and fragrance. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its market presence in Asia.

Average Trading Volume: 672,936

Technical Sentiment Signal: Buy

Current Market Cap: Yen109.1B

For an in-depth examination of 4917 stock, go to TipRanks’ Overview page.

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