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NTN Corporation Adjusts Bond Conversion Price Following Dividend Approval

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NTN Corporation Adjusts Bond Conversion Price Following Dividend Approval

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NTN ( (JP:6472) ) just unveiled an update.

NTN Corporation has announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2025, effective from April 1, 2025. This adjustment is a result of an extraordinary dividend payment, approved at the company’s 126th Annual General Meeting, which affects the conversion price from ¥339.5 to ¥338.1 per share.

The most recent analyst rating on (JP:6472) stock is a Hold with a Yen250.00 price target. To see the full list of analyst forecasts on NTN stock, see the JP:6472 Stock Forecast page.

More about NTN

Average Trading Volume: 3,132,461

Technical Sentiment Signal: Sell

Current Market Cap: Yen113.7B

For an in-depth examination of 6472 stock, go to TipRanks’ Overview page.

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