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JINS HOLDINGS Completes Redemption of Convertible Bonds

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JINS HOLDINGS Completes Redemption of Convertible Bonds

JINS HOLDINGS ( (JP:3046) ) has provided an announcement.

JINS HOLDINGS Inc. has redeemed its euro yen denominated convertible bonds with share acquisition rights, which were due on February 28, 2025. The redemption was funded primarily through the company’s own resources and an existing overdraft facility, ensuring continued financial stability. This action is not expected to significantly impact the company’s financial performance, maintaining its strong market position and operational capacity.

More about JINS HOLDINGS

JINS HOLDINGS Inc. operates in the eyewear industry, focusing on the design, manufacture, and sale of eyeglasses and related accessories. The company is known for its innovative approach to eyewear, catering to a diverse market with a broad range of products.

YTD Price Performance: 13.34%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.07B

For detailed information about 3046 stock, go to TipRanks’ Stock Analysis page.

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