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Seino Holdings Adjusts Convertible Bond Conversion Price

Story Highlights
  • Seino Holdings operates in logistics and transportation, offering freight and supply chain services.
  • The company adjusted its bond conversion price due to a dividend payment, impacting bondholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Seino Holdings Adjusts Convertible Bond Conversion Price

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Seino Holdings Co ( (JP:9076) ) just unveiled an announcement.

Seino Holdings Co., Ltd. has announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due in 2026, reducing it from ¥2,024.0 to ¥1,972.1. This adjustment, effective from April 1, 2025, is due to an extraordinary dividend payment of ¥59 per share, approved at a recent general meeting, reflecting the company’s financial strategy and its impact on bondholders.

The most recent analyst rating on (JP:9076) stock is a Hold with a Yen2340.00 price target. To see the full list of analyst forecasts on Seino Holdings Co stock, see the JP:9076 Stock Forecast page.

More about Seino Holdings Co

Seino Holdings Co., Ltd. operates in the logistics and transportation industry, providing a range of services including freight transportation, logistics solutions, and supply chain management. The company focuses on delivering efficient and reliable services to meet the diverse needs of its clients in a competitive market.

Average Trading Volume: 459,783

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen331.5B

Learn more about 9076 stock on TipRanks’ Stock Analysis page.

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