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SBI Holdings Adjusts Convertible Bond Conversion Price

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SBI Holdings Adjusts Convertible Bond Conversion Price

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SBI Holdings ( (JP:8473) ) has issued an update.

SBI Holdings, Inc. announced an adjustment in the conversion price for its Zero Coupon Convertible Bonds due 2031, reducing it from ¥4,856.6 to ¥4,700.7. This adjustment follows the approval of an extraordinary dividend payment of ¥140 per share, which was sanctioned by the board of directors, impacting the bond’s conversion terms.

More about SBI Holdings

SBI Holdings, Inc. operates in the financial services industry, offering a range of products and services including asset management, financial services, and biotechnology. The company is focused on leveraging technology to enhance its market position and provide innovative solutions to its stakeholders.

Average Trading Volume: 1,962,722

Technical Sentiment Signal: Buy

Current Market Cap: Yen1114.3B

For an in-depth examination of 8473 stock, go to TipRanks’ Stock Analysis page.

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