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Sojitz ( (JP:2768) ) has shared an announcement.
Sojitz Corporation has announced an agreement to acquire 3,009,900 shares of Skymark Airlines Inc., which constitutes 4.99% of the airline’s total issued shares. This acquisition will result in Sojitz holding over 5% of the voting rights, marking it as a significant move under the Financial Instruments and Exchange Act of Japan. This strategic acquisition is expected to reinforce Sojitz’s market position and influence within the aviation sector.
More about Sojitz
Sojitz Corporation operates in the trading industry, engaging in a variety of business sectors including machinery and energy. The company is involved in a wide range of products and services, focusing on creating new value through its diverse operations.
YTD Price Performance: 0.29%
Average Trading Volume: 562
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.24B
See more data about 2768 stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
