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Kyoritsu Maintenance Adjusts Euro-Yen Convertible Bond Conversion Price

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Kyoritsu Maintenance Adjusts Euro-Yen Convertible Bond Conversion Price

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Kyoritsu Maintenance Co., Ltd. ( (JP:9616) ) has issued an announcement.

Kyoritsu Maintenance Co., Ltd. announced an adjustment to the conversion price of its euro-yen convertible bonds maturing in 2026, reducing it from 2,355.0 yen to 2,343.0 yen. This adjustment follows the approval of a year-end dividend of 22 yen per share at the 46th Ordinary General Meeting of Shareholders, aligning with the provisions for conversion price adjustments.

The most recent analyst rating on (JP:9616) stock is a Buy with a Yen3900.00 price target. To see the full list of analyst forecasts on Kyoritsu Maintenance Co., Ltd. stock, see the JP:9616 Stock Forecast page.

More about Kyoritsu Maintenance Co., Ltd.

Kyoritsu Maintenance Co., Ltd. operates in the maintenance industry, focusing on providing services related to building management and maintenance. The company is listed on the Tokyo Stock Exchange Prime and is known for its euro-yen convertible bonds.

Average Trading Volume: 618,951

Technical Sentiment Signal: Buy

Current Market Cap: Yen265.1B

For detailed information about 9616 stock, go to TipRanks’ Stock Analysis page.

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