TSE:1803Construction
Shimizu (TSE:1803) Valuation After Follow On Offering And Leadership Changes
Shimizu (TSE:1803) has drawn fresh attention after filing a follow on equity offering of 14,137,200 ordinary shares, together with board approved retirements of several senior executives and outside directors.
See our latest analysis for Shimizu.
At a share price of ¥3,092.0, Shimizu has recorded a 17.25% 90 day share price return and a very large 3 year total shareholder return, suggesting momentum has been strong even with a softer 30 day move.
If this kind of construction and...