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NIPPN Corporation Adjusts Bond Conversion Price Following Dividend Approval

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NIPPN Corporation Adjusts Bond Conversion Price Following Dividend Approval

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NIPPN Corporation ( (JP:2001) ) just unveiled an announcement.

NIPPN Corporation announced an adjustment in the conversion price of its Zero Coupon Convertible Bonds due 2025, reducing the price from ¥2,213.9 to ¥2,179.9, effective April 1, 2025. This adjustment follows the approval of an extraordinary dividend payment at the company’s general meeting, impacting the terms of the bonds and reflecting the company’s financial strategy and shareholder engagement.

More about NIPPN Corporation

NIPPN Corporation is a company listed on the Prime Market of the Tokyo Stock Exchange, primarily involved in the food industry. It is known for its production and distribution of flour, pasta, and other food-related products, catering to both domestic and international markets.

Average Trading Volume: 228,922

Technical Sentiment Signal: Hold

Current Market Cap: Yen165.3B

For a thorough assessment of 2001 stock, go to TipRanks’ Stock Analysis page.

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