TSX:285A 26 November 2025 - 27 November 2025

Kioxia shares rose 5.63% to ¥8,858 in Tokyo on November 27 after plunging nearly 15% the previous day, following a 36 million-share secondary sale by Bain Capital–backed BCPE Pangea Cayman LP. The block trade, priced at a discount, raised an estimated ¥330–355 billion and increased Kioxia’s free float. Bain remains the largest shareholder but is reducing its stake. Trading volume reached about 15.96 million shares.

Kioxia shares fell about 11% to ¥8,767 in Tokyo by 9:55 a.m. JST after Bain Capital moved to sell 36 million shares, worth roughly $2–2.3 billion, to overseas investors via a block trade. Trading volume surged past 10 million shares early, with the stock swinging between ¥8,505 and ¥8,859. Kioxia’s market cap stands near ¥5.3 trillion. The sale represents about 6.7% of outstanding shares.