April 15, 2019 / 7:50 AM / 3 months ago

Japan Post sells shares at bottom of expected range -filing

TOKYO, April 15 (Reuters) - Japan Post Holdings Co sold shares in its Japan Post Insurance Co unit at 2,375 yen, the insurance company said on Monday, representing a 4 percent discount from the last traded price and the bottom of its expected range.

The sale price, announced in a filing, compared to a closing share price on Monday of 2,474 yen. DealWatch had previously reported that the discount was likely to range between 2 percent and 4 percent. (Reporting by Junko Fujita; Editing by David Dolan)

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