We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sekisui House Spn Adr (PK) | USOTC:SKHSY | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.04% | 22.55 | 22.14 | 23.05 | 23.05 | 22.49 | 22.7125 | 40,804 | 21:02:14 |
From Dec 2023 to Jun 2024
By Sabela Ojea
Shares of M.D.C. Holdings on Thursday climbed after the company said it is selling itself to Japan's Sekisui House at a premium price.
At 9:47 a.m. ET, shares were up 18% at $62.72. The stock has surged 67% in the past three months.
The Denver-based construction company said Sekisui House is acquiring the group in an all-cash $4.9 billion deal that would make Sekisui the fifth largest housebuilder in the U.S.
Each M.D.C. shareholder would receive $63 per share in cash, representing an about 19% premium to its closing stock price of $53.09 Wednesday.
The acquisition would also help Sekisui House achieve its target of supplying 10,000 homes outside of Japan by fiscal 2025, ahead of initial expectations, Sekisui House's Chief Executive Yoshihiro Nakai said.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
January 18, 2024 10:22 ET (15:22 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
1 Year Sekisui House Spn Adr (PK) Chart |
1 Month Sekisui House Spn Adr (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
