MEDIPAL HOLDINGS rebounds as Silchester International raises stake
Shares of MEDIPAL HOLDINGS CORPORATION <7459> rebounded after a change report filed with the Kanto Local Finance Bureau after market close on the 2nd showed that London-based investment firm Silchester International Investors raised its stake in MEDIPAL from 11.73% to 11.96%. The disclosure prompted speculative buying on expectations of changes in shareholder composition.
The filing also states under the purpose of holding that Silchester requested the company convene an extraordinary general meeting of shareholders, while reportedly seeking a special dividend and share buybacks.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
-
Tokyo Prime market breadth at 10 a.m.: 907 advancers vs. 570 decliners
Thu Sep 3, 2026 10:03 am JST Market -
UNITED ARROWS rebounds as August same-store sales rise for 11th consecutive month year-on-year
Thu Sep 3, 2026 9:47 am JST Catalyst -
TWINBIRD shares tumble sharply as Japanet withdraws TOB proposal
Thu Sep 3, 2026 9:43 am JST Catalyst -
PRESS KOGYO surges to highest level since March 1990 after winning frame order for new Pajero
Thu Sep 3, 2026 9:28 am JST Catalyst -
Peers surges after announcing 1-yen dividend increase for FY9/2026 year-end payout
Thu Sep 3, 2026 9:43 am JST Catalyst -
RYOHIN KEIKAKU rebounds as August same-store sales rise for second consecutive month
Thu Sep 3, 2026 9:13 am JST Catalyst -
WOLVES HAND sharply reverses lower after announcing secondary offering of 2,653,600 shares
Thu Sep 3, 2026 9:38 am JST Catalyst -
Mitsubishi Heavy Industries steady as reports emerge of plans to purchase municipal land in Yamaguchi Prefecture for shipbuilding-related facilities
Thu Sep 3, 2026 9:25 am JST Catalyst -
Tokyo stocks open higher, supported by Wall Street gains
Thu Sep 3, 2026 9:04 am JST Market -
Nitori Holdings surges in sharp rebound as August same-store sales rise for second straight month
Thu Sep 3, 2026 9:19 am JST Catalyst