Tokyo Metro's IPO Price Set at 1,200 Yen
Tokyo, Oct. 16 (Jiji Press)--Tokyo Metro Co. said Tuesday that it will sell shares at 1,200 yen apiece for a total of 348.6 billion yen in line with its plans to go public on the Tokyo Stock Exchange's top-tier Prime section on Oct. 23.
The Japanese subway operator will have a market capitalization of 697.2 billion yen at the time of stock listing, the largest initial public offering in the country since the 2018 debut of SoftBank Corp. stock.
(2024/10/16-08:17)
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