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An announcement from Henderson Land Development Co ( (HK:0012) ) is now available.
Henderson Land Development Co announced an adjustment to the conversion price of its HK$8 billion 0.5% guaranteed convertible bonds due 2030. The conversion price has been adjusted from HK$36 to HK$35.35 per share following the payment of an interim dividend. This adjustment increases the maximum number of shares issuable upon full conversion of the bonds, enhancing the company’s flexibility in capital management. The move is expected to have implications for shareholders and investors, as it affects the potential dilution of shares and the company’s capital structure.
The most recent analyst rating on (HK:0012) stock is a Buy with a HK$28.75 price target. To see the full list of analyst forecasts on Henderson Land Development Co stock, see the HK:0012 Stock Forecast page.
More about Henderson Land Development Co
Henderson Land Development Co is a prominent player in the real estate industry, primarily engaged in property development and investment. The company focuses on residential, commercial, and industrial properties, with a significant presence in the Hong Kong market.
Average Trading Volume: 9,224,463
Technical Sentiment Signal: Buy
Current Market Cap: HK$130.6B
For detailed information about 0012 stock, go to TipRanks’ Stock Analysis page.