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Kansai Paint Adjusts Conversion Price for Convertible Bonds

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Kansai Paint Adjusts Conversion Price for Convertible Bonds

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The latest announcement is out from Kansai Paint Co ( (JP:4613) ).

Kansai Paint Co., Ltd. announced an adjustment in the conversion price for its Zero Coupon Convertible Bonds due in 2029 and 2031. This adjustment, effective from April 1, 2025, is due to an extraordinary dividend payment approved at the company’s general meeting, impacting the conversion price and potentially affecting bondholders’ decisions regarding stock acquisition rights.

The most recent analyst rating on (JP:4613) stock is a Hold with a Yen2300.00 price target. To see the full list of analyst forecasts on Kansai Paint Co stock, see the JP:4613 Stock Forecast page.

More about Kansai Paint Co

Kansai Paint Co., Ltd. operates in the paint and coatings industry, providing a range of products primarily focused on decorative, automotive, industrial, and protective coatings. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its innovative solutions in the paint sector.

Average Trading Volume: 798,283

Technical Sentiment Signal: Sell

Current Market Cap: Yen329.6B

See more data about 4613 stock on TipRanks’ Stock Analysis page.

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