American Express will offer its stock in Japan.
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The company reported that it has agreed to issue 1 million shares of its common stock for sale in Japan in a public offering at a price of $43.125 per share. American Express has applied to list its common stock for trading on the Tokyo Stock Exchange and, subject to the approval of its application, anticipates that trading of the common stock on the exchange will begin Nov. 14. This will be the first time that American Express has offered its common stock for sale in Japan.
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