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NIPPON EXPRESS HOLDINGS starts afternoon session with buy orders following Elliott's disclosure of over 5% stake

Tue Apr 28, 2026 12:44 pm JST Catalyst

NIPPON EXPRESS HOLDINGS, INC. <9147> shares were flooded with buy orders at the start of the afternoon session on April 28 after it was revealed that U.S. activist fund Elliott Investment Management has taken a 5.04% stake. According to a large shareholding report, the obligation to report was triggered on April 21. While Elliott cited "investment" as the purpose of its holding, the fund indicated a policy to engage in dialogue with NIPPON EXPRESS HOLDINGS and potentially submit material proposals as circumstances warrant.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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