Xtep International Holdings (HK:1368) has released an update.
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Xtep International Holdings has announced an adjustment to the conversion price of its convertible bonds following the payment of an interim dividend. The conversion price has been revised from HK$9.4865 to HK$9.1718 per share, impacting the number of shares issued upon full conversion. This adjustment reflects Xtep’s strategic financial management in response to market conditions and investor expectations.
For further insights into HK:1368 stock, check out TipRanks’ Stock Analysis page.