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.
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