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Amadeus IT Group Announces Convertible Bond Conversion

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Amadeus IT Group Announces Convertible Bond Conversion

The latest announcement is out from Amadeus IT Group S.A ( (ES:AMS) ).

Amadeus IT Group S.A. announced the conversion of convertible bonds into shares, with a principal amount of 210.7 million euros converted into nearly 4 million shares. This conversion reduces the pending principal amount and impacts the company’s financial structure, potentially affecting stakeholder interests.

More about Amadeus IT Group S.A

Amadeus IT Group S.A. operates in the technology sector, providing advanced solutions for the global travel and tourism industry. The company focuses on delivering IT services and software to enhance the operations of airlines, airports, hotels, and other travel-related businesses.

YTD Price Performance: 8.22%

Average Trading Volume: 558,139

Technical Sentiment Signal: Sell

Current Market Cap: €31.93B

See more data about AMS stock on TipRanks’ Stock Analysis page.

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