Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say: Reuters [CNBC]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: CNBC
Richard A. Brooks | Afp | Getty Images Nintendo plans an unwinding of strategic shareholdings that would see companies including MUFG Bank and the Bank of Kyoto selling shares of the “Super Mario” maker, according to three sources familiar with the situation. The sale is expected to total roughly 300 billion yen ($1.9 billion) and Nintendo could make a decision as soon as Friday, two of the sources said. The Kyoto-based gaming company also plans a buyback, the sources said. Reuters is reporting Nintendo's plan for the first time. Nintendo did not respond to a request for comment. The sources declined to be identified as the information is not public. Nintendo's shares pared gains and were up 2.4%. Both banks have set out policies to reduce cross-shareholdings. A 2019 sale of Nintendo's shares, in which they and others participated, totalled some 71 billion yen. The Bank of Kyoto, a regional lender, held a 4.19% stake in Nintendo as of September last year. MUFG Bank, Jap Show less Read more
Impact Snapshot
Event Time:
MUFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MUFG alerts
Opt-in for
MUFG alerts

from News Quantified
Opt-in for
MUFG alerts

from News Quantified