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The latest update is out from Nippon Paper ( (JP:3863) ).
Nippon Paper Industries Co., Ltd. has announced the withdrawal of a shareholder proposal initially set for discussion at the upcoming General Meeting of Shareholders. The proposal involved amendments to the Articles of Incorporation concerning the sale and verification of cross-held shares. The withdrawal indicates a resolution between the company and the proposing shareholder, potentially stabilizing shareholder relations and maintaining focus on the company’s strategic objectives.
The most recent analyst rating on (JP:3863) stock is a Hold with a Yen1050.00 price target. To see the full list of analyst forecasts on Nippon Paper stock, see the JP:3863 Stock Forecast page.
More about Nippon Paper
Nippon Paper Industries Co., Ltd. operates in the paper manufacturing industry, focusing on the production of various paper products. The company is a significant player in the market, with a focus on sustainable practices and innovation in paper production.
YTD Price Performance: 16.61%
Average Trading Volume: 765,610
Technical Sentiment Signal: Sell
Current Market Cap: Yen116.2B
Find detailed analytics on 3863 stock on TipRanks’ Stock Analysis page.