share_log

GENOVA---大幅続落、株式売出による短期的な需給悪化を警戒視

GENOVA - significant decline, cautious about short-term supply and demand deterioration due to stock sales.

Fisco Japan ·  Nov 19, 2024 09:39

GENOVA <9341> has seen a significant decline. It announced the sale of 2.36 million shares, along with an over-allotment of up to 0.35 million shares. Major shareholders, including President Tomoki Hirase and Credit Saison, will be the sellers. This appears to be aimed at improving liquidity to increase the market capitalization of publicly traded shares. There is a preceding concern about worsening short-term supply and demand. Additionally, a share buyback of 0.5 million shares, amounting to up to 0.9 billion yen, which corresponds to 2.81% of the total issued shares, has also been announced with the aim of easing supply and demand impacts.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment