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Mizuno Corporation rebounds after GMO's stake exceeds 5%
Mizuno Corporation <8022> rebounded from negative territory. On the 19th, it was revealed that U.S. investment advisor Grantham, Mayo, Van Otterloo & Company LLC has newly acquired more than 5% of Mizuno Corporation <8022>'s shares, which appears to have attracted speculative buying. According to the large shareholding report filed on the same day, the ownership ratio stands at 5.01%. The reporting obligation occurred on the 12th. The purpose of the holding is stated as "pure investment, and depending on the circumstances, important proposals and other actions may be taken."
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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