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An announcement from Yamazen Corporation ( (JP:8051) ) is now available.
Yamazen Corporation has announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2026, effective April 1, 2025. This adjustment follows the board’s decision to pay an extraordinary dividend of ¥32 per share, resulting in a total dividend payment of ¥52 per share for the fiscal year ended March 31, 2025. The conversion price has been adjusted from ¥1,218.1 to ¥1,187.5, reflecting the dividend payout.
More about Yamazen Corporation
Yamazen Corporation operates in the industrial sector, primarily focusing on manufacturing and distributing machinery and tools. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by President and CEO Koji Kishida.
Average Trading Volume: 163,820
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen118.2B
See more insights into 8051 stock on TipRanks’ Stock Analysis page.