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Toho Holdings Adjusts Convertible Bond Conversion Price

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Toho Holdings Adjusts Convertible Bond Conversion Price

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The latest announcement is out from Toho Holdings Co., Ltd. ( (JP:8129) ).

Toho Holdings Co., Ltd. announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2028, lowering it from ¥2,789.0 to ¥2,767.1. This adjustment follows the approval of a dividend proposal, setting the annual dividend for the period ended March 2025 at 65 yen per share, which necessitated the conversion price change according to the bond terms.

The most recent analyst rating on (JP:8129) stock is a Hold with a Yen4320.00 price target. To see the full list of analyst forecasts on Toho Holdings Co., Ltd. stock, see the JP:8129 Stock Forecast page.

More about Toho Holdings Co., Ltd.

Toho Holdings Co., Ltd. operates in the pharmaceutical industry, focusing on the distribution and retail of pharmaceutical products. It is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strategic initiatives in corporate management.

Average Trading Volume: 180,691

Technical Sentiment Signal: Buy

Current Market Cap: Yen301.1B

Find detailed analytics on 8129 stock on TipRanks’ Stock Analysis page.

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