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France Bed Holdings Co., Ltd. ( (JP:7840) ) has issued an update.
France Bed Holdings Co., Ltd. has announced an adjustment to the conversion price of its Euro-yen convertible bonds with share acquisition rights due in 2029, reducing it from 1,359.2 yen to 1,334.8 yen. This adjustment follows the approval of a surplus dividend proposal, indicating a strategic financial maneuver to align with shareholder interests and potentially enhance market appeal.
More about France Bed Holdings Co., Ltd.
France Bed Holdings Co., Ltd. operates in the furniture and bedding industry, focusing on the production and sale of beds and related products. The company is known for its innovative designs and commitment to quality, serving a diverse market that includes both domestic and international customers.
Average Trading Volume: 49,453
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen44.65B
For a thorough assessment of 7840 stock, go to TipRanks’ Stock Analysis page.