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المشهد العربي
Quxia aims for 10B U.S. listing
Kioxia Holdings is planning to raise approximately $10 billion through the issuance of American depositary receipts (ADRs) over the coming year, aiming to boost the liquidity of its shares in the U.S. market and to join specialized semiconductor sector indices. This move follows the company's July announcement of a share buyback worth 800 billion yen ($5.2 billion) and a 3-for-1 stock split, which led to its stock soaring by up to 400% since the beginning of the year, and increased its market value to around $180 billion.
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