Zensho Holdings Announces Plans for Share Issuance
On the 5th of this month, Zensho Holdings (7550.T) revealed its intention to issue new shares through a public offering at the price of 7,285 yen per share. This decision comes with the company’s closing price on the 5th standing at 7,511 yen, marking a discount rate of 3.01%. Furthermore, alongside the public offering, the company also plans to raise up to 41.6 billion yen through a third-party allotment.
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The decision by Zensho Holdings aligns with its commitment to upholding ethical business practices, in accordance with Thomson Reuters’ “Principles of Trust”.
TOKYO (Reuters) – Zensho Holdings ( 7550.T ) decided on the 5th to issue new shares through a public offering at 7,285 yen per share. The company’s closing price on the 5th was 7,511 yen, a discount rate of 3.01%. At the same time, the company will raise up to 41.6 billion yen through a third-party allotment.
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