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Kioxia Holdings Surges to Record High on Prospects of First-Ever Dividend Payout
Shares of Kioxia Holdings <285A> surged for a fourth consecutive session, hitting a new post-IPO high. The stock successfully shrugged off overnight weakness from its U.S. peer, SanDisk
According to the article, Kioxia's earnings are expected to expand rapidly in the fiscal year ending March 2027 (FY3/27) on the back of soaring semiconductor memory prices. This strong financial outlook positions the company to allocate its accumulating profits toward shareholder returns.
Source: MINKABU PRESS
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