tiprankstipranks
Trending News
More News >

Jafco Co. Adjusts Bond Conversion Price

Jafco Co. Adjusts Bond Conversion Price

Jafco Co (JP:8595) has released an update.

Confident Investing Starts Here:

Jafco Co. has adjusted the conversion price of its Zero Coupon Convertible Bonds due 2028 from ¥2,047.8 to ¥2,013.4, effective October 1, 2024. This adjustment follows the approval of an interim dividend, aligning with the bond’s terms that require the company’s share price to exceed 130% of the conversion price before exercising acquisition rights.

For further insights into JP:8595 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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