tiprankstipranks
Trending News
More News >

EDION Corp Announces Bond Conversion Price Adjustment and Completion

Story Highlights
EDION Corp Announces Bond Conversion Price Adjustment and Completion

Confident Investing Starts Here:

EDION Corp ( (JP:2730) ) has issued an announcement.

EDION Corporation has announced an adjustment in the conversion price for its Zero Coupon Convertible Bonds due 2025, reducing it from ¥1,089.7 to ¥1,075.1, effective April 1, 2025. This adjustment follows the approval of an extraordinary dividend by shareholders, leading to the completion of bond conversion into common stock, impacting the company’s financial structure and shareholder value.

More about EDION Corp

EDION Corporation operates in the electronics retail industry, providing a range of consumer electronics and home appliances. The company focuses on delivering high-quality products and services to its customers, positioning itself as a leading retailer in the Japanese market.

Average Trading Volume: 366,490

Technical Sentiment Signal: Buy

Current Market Cap: Yen215.5B

See more data about 2730 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1