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Soul Patts Adjusts Convertible Notes Conversion Price Following Dividend Declaration

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Soul Patts Adjusts Convertible Notes Conversion Price Following Dividend Declaration

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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an announcement.

Washington H. Soul Pattinson and Company Limited has announced an adjustment to the conversion price of its A$450 million Senior Convertible Notes due in 2030, following the declaration of a fully franked final cash dividend of A$0.59. The conversion price has been revised from A$41.5891 to A$41.0105, effective from August 21, 2025. This adjustment reflects the company’s commitment to maintaining fair value for its noteholders and underscores its strategic financial management, potentially impacting investor sentiment and market positioning.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson, known as Soul Patts, is an Australian public company with a history dating back to 1903 when it was first listed on the Sydney Stock Exchange. Originally involved in owning and operating pharmacies, the company has transformed into an investment house with a diversified portfolio across multiple industries. Soul Patts focuses on long-term investments, aiming to deliver superior returns through capital growth and regular dividends. Investors in Soul Patts gain exposure to asset classes such as listed equities, private markets, credit, and property.

Average Trading Volume: 571,766

Technical Sentiment Signal: Buy

Current Market Cap: A$15.58B

For detailed information about SOL stock, go to TipRanks’ Stock Analysis page.

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