Rigaku shares fall 4% in market debut
25/10/2024 01:10
TOKYO, Oct 25 (Reuters) - Rigaku's 268A.T shares fell
4% in early trading in their market debut on Friday, after the
Japan X-ray testing tool maker raised $863 million in its
initial public offering.
The company, which is backed by buyout firm Carlyle Group
CG.O , priced the IPO at 1,260 yen ($8.31) per share, at the
top end of the 1,230 to 1,260 yen range.
On Wednesday shares in subway operator Tokyo Metro 9023.T
popped 45% in their market debut after Japan's largest IPO in
six years bagged it $2.3 billion with the lure of sizeable
dividends.
($1 = 151.6700 yen)
(Reporting by Sam Nussey; Editing by Muralikumar Anantharaman)
((sam.nussey@tr.com;))