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Seiren Co ( (JP:3569) ) just unveiled an update.
Seiren Co., Ltd. has announced an adjustment in the conversion price of its Zero Coupon Convertible Bonds due 2025, reducing it from ¥1,855.6 to ¥1,833.2, effective April 1, 2025. This adjustment follows a dividend payment of ¥68 per share, classified as an Extraordinary Dividend, approved at the company’s general meeting, potentially impacting bondholders and reflecting the company’s financial strategies.
More about Seiren Co
Seiren Co., Ltd. operates in the textile industry, focusing on the production and development of high-quality fabrics and materials. The company is known for its innovative approach and commitment to sustainability, catering to a diverse range of markets including fashion, automotive, and industrial applications.
Average Trading Volume: 128,479
Technical Sentiment Signal: Hold
Current Market Cap: Yen123.2B
For detailed information about 3569 stock, go to TipRanks’ Stock Analysis page.