Daio Paper Corporation [9388.F]
TOKYO, Apr 20 (Pulse News Wire) – Daio Paper Corporation (9388.T) announced plans to conduct an off-market sale of shares on April 21. The sale involves up to 1,000,000 shares at a price of ¥1,200 per share.
Each buyer is limited to purchasing 2,000 shares in increments of 100 shares. The purpose of the sale is to improve the distribution of its shares and enhance liquidity.
The sale will take place on the Fukuoka Securities Exchange. In case of significant market volatility, the sale could be postponed or canceled.
The discount rate applied is based on the closing price of ¥1,250 on April 20.
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