Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
RareJob shares rise as GAKKEN to make it wholly owned subsidiary via share swap
RareJob, Inc. <6096> shares rose after the company announced following the market close on May 15 that it will become a wholly owned subsidiary of GAKKEN HOLDINGS CO.,LTD. <9470> through a share swap. Under the terms, 0.39 shares of Gakken will be allocated for each RareJob share, with the stock price moving to reflect this swap ratio.
Subject to approval at the annual shareholders' meeting scheduled for June 25, the transaction is set to take effect on July 31. RareJob is expected to be delisted on July 29.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
Tokyo stocks fall further in morning session, down over 1,000 yen at one point
Sun* Inc. surges for ninth straight session on 2.1x operating profit growth in Q1
Shanghai Composite Index opens at 4,120.1401 on May 18, down 15.2493 points
Quants Research Institute Holdings hits daily limit high on share buyback announcement
OKAMOTO GLASS hits daily limit high on plans to transform into AI data center materials supplier with new medium-term plan
Hong Kong's Hang Seng Index opens at 25,838.96, down 123.77 points on May 18
Hodogaya Chemical falls sharply on forecast of lower profit for fiscal year ending March 2027
SiriusVision hits daily limit up with buy orders, raises net profit forecast for fiscal year ending December 2026 on gain from sale of affiliate shares
Carlit shares fall sharply on forecast of 8% operating profit decline due to PET beverage line renovation
Foreign exchange summary: Dollar rises to 158.90 yen level as U.S. yields move higher in off-hours trading