tiprankstipranks
Kyoritsu Maintenance Adjusts Bond Conversion Price
Company Announcements

Kyoritsu Maintenance Adjusts Bond Conversion Price

Kyoritsu Maintenance Co., Ltd. (JP:9616) has released an update.

Don't Miss our Black Friday Offers:

Kyoritsu Maintenance Co., Ltd. has announced an adjustment to the conversion price of its zero coupon convertible bonds due in 2026 from 2,356.5 yen to 2,355.0 yen, effective April 1, 2024. This change follows the approval of a year-end dividend of 33 yen per share at the company’s recent shareholders’ meeting, resulting in an annual dividend of 49 yen per share for the fiscal year.

For further insights into JP:9616 stock, check out TipRanks’ Stock Analysis page.

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