Reported about 1 month ago
Tokyo Metro experienced a remarkable 45% surge in its share price upon debuting on the Tokyo Stock Exchange, raising $2.3 billion through Japan's largest IPO in six years. The shares closed at 1,739 yen, valuing the company at approximately 1 trillion yen. This impressive performance, reminiscent of the 77% debut jump of Mercari in 2018, stemmed from a combination of attractive dividends and the stability of the established subway operator, which serves millions of passengers daily.
Source: YAHOO