NEW YORK/LONDON -- U.S. hedge fund Elliott Management has acquired a stake in Japanese trading house Sumitomo Corp. worth tens of billions of yen (10 billion yen equals $64 million), in a possible ...
Elliott Management buying up a sizable stake in Sumitomo is the latest in a string of Japanese deals for the firm, and reflects the growing influence of activist investors in the country.
TOKYO, April 30 (Reuters) - U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp (8053.T) , opens new tab worth several tens of billions of yen, a person familiar with the ...
The announcement comes after activist investor Elliott Management Corp. was said to have built a “large” stake in Sumitomo and shared with the company its views on ways to create shareholder ...
Explore stories from Atlantic Canada. Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #policeTOKYO - U.S. hedge fund Elliott Management Corp has bought a stake ...
Sumitomo targets at least 12% ROE, 40% total payout ratio Shares jumped 4.4%, after briefly surging as much as 7.6% Japanese trading firm -bsp-bb-link state="{"bbHref ...
Hedge fund Elliott has built a position in Sumitomo, joining Berkshire Hathaway. The trading firm’s shares are up 10% this week. Activist and value investors are converging on Japan. The smart ...
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Japanese trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an effort to boost shareholder returns.
Reconciliation Energy Transition Inc. ("RETI"), and Sumitomo Corporation, through its subsidiary Ammolite Carbon Sequestration (Collectively "Sumitomo Corporation Group"), have announced today ...