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Kasumigaseki Capital Adjusts Convertible Bond Conversion Price

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Kasumigaseki Capital Adjusts Convertible Bond Conversion Price

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Kasumigaseki Capital Co., Ltd. ( (JP:3498) ) just unveiled an announcement.

Kasumigaseki Capital Co., Ltd. has announced an adjustment to the conversion price of its euro-yen convertible bonds with stock acquisition rights maturing in 2029. This adjustment follows the approval of a year-end dividend, impacting the conversion price according to the provisions set for these bonds, and reflects the company’s financial strategy following a recent stock split.

The most recent analyst rating on (JP:3498) stock is a Buy with a Yen11206.00 price target. To see the full list of analyst forecasts on Kasumigaseki Capital Co., Ltd. stock, see the JP:3498 Stock Forecast page.

More about Kasumigaseki Capital Co., Ltd.

Kasumigaseki Capital Co., Ltd. operates in the financial sector, focusing on investment and capital management services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its strategic financial instruments, including convertible bonds.

Average Trading Volume: 890,348

Technical Sentiment Signal: Buy

Current Market Cap: Yen190.6B

Learn more about 3498 stock on TipRanks’ Stock Analysis page.

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