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POSCO ( (PKX) ) just unveiled an update.
On March 1, 2025, POSCO Holdings Inc. adjusted the conversion and exchange prices of its foreign currency-denominated exchangeable bonds, originally issued on September 1, 2021. This adjustment, prompted by a cash dividend, reduced the exchange price from KRW 440,592 to KRW 433,278 and increased the number of shares available for conversion from 83,671 to 85,083. This strategic move reflects POSCO’s commitment to aligning its financial instruments with market conditions, potentially enhancing its appeal to investors and stakeholders.
More about POSCO
POSCO Holdings Inc. is a prominent player in the steel industry, primarily engaged in the production and distribution of steel products. The company is headquartered in Seoul, Korea, and focuses on serving various sectors that require high-quality steel solutions.
YTD Price Performance: 25.28%
Average Trading Volume: 270,148
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.53B
For a thorough assessment of PKX stock, go to TipRanks’ Stock Analysis page.
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