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Takashimaya Extends Tender Offer Period for 2028 Convertible Bond Buyback

Story Highlights
  • Takashimaya has revised the timetable of its tender offer for zero coupon convertible bonds due 2028.
  • The company extended key deadlines to allow more investor participation while keeping other tender terms unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Takashimaya Extends Tender Offer Period for 2028 Convertible Bond Buyback

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Takashimaya Company ( (JP:8233) ) has provided an announcement.

Takashimaya Company, Limited has amended the terms and timetable of its previously announced tender offer for its Zero Coupon Convertible Bonds due 2028, following a board resolution on January 13, 2026. To accommodate investors who require more time to prepare their bond tenders, the company has extended the tender period from January 15, 2026 to January 29, 2026 and pushed back the planned purchase and cancellation date from February 20, 2026 to February 26, 2026, while also moving the early tender premium deadline and the reference share price calculation period to later dates. These changes are intended to broaden investor participation in the buyback and proceed with the planned cancellation of purchased bonds and related treasury share measures without altering other previously disclosed terms, potentially aiding Takashimaya’s capital structure management and signalling a continued focus on shareholder-oriented financial policies.

The most recent analyst rating on (JP:8233) stock is a Buy with a Yen2122.00 price target. To see the full list of analyst forecasts on Takashimaya Company stock, see the JP:8233 Stock Forecast page.

More about Takashimaya Company

Takashimaya Company, Limited is a Japanese department store operator listed on the Tokyo Prime Market, focusing on retail sales of apparel, household goods, luxury items and related services to consumers in Japan and overseas. The company also engages in associated real estate and ancillary businesses that support its core retail operations and brand positioning.

Average Trading Volume: 1,763,569

Technical Sentiment Signal: Buy

Current Market Cap: Yen565.7B

Learn more about 8233 stock on TipRanks’ Stock Analysis page.

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