Marui Group Adjusts Conversion Price for Zero-Coupon 2031 Bonds

MT Newswires Live11-10 17:13

Marui Group (TYO:8252) revised the conversion price for its Zero Coupon Convertible Bonds due 2031, with the adjustment taking effect Oct. 1.

The conversion price was adjusted to 3,157.7 yen from 3,231 yen previously, according to a Tokyo bourse filing on Tuesday.

The change results from the payment of an interim dividend of 67 yen per share, as approved by the Board of Directors on Nov. 10.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment