Shimizu Corporation
Notice Regarding Adjustment of Conversion Price of Euro-Yen Denominated Convertible Bonds with Warrants Maturing 2031 and Euro-Yen Denominated Convertible Bonds with Warrants Maturing 2033
Based on the resolution on the interim dividend, the conversion prices of the convertible bonds with warrants maturing in 2031 and 2033 have been adjusted. Conversion prices changed from 2,845.0 yen to 2,792.2 yen and from 2,704.0 yen to 2,653.8 yen, respectively. The effective date is on or after October 1, 2026.
Key Figures
- Conversion price (2031) before: 2,845.0 yen → after: 2,792.2 yen
- Conversion price (2033) before: 2,704.0 yen → after: 2,653.8 yen
- Effective date: 2026-10-01 or later
AI要約
Adjustment of Conversion Price
This notice announced today states that the conversion prices of the Euro-Yen denominated convertible bonds with warrants maturing in 2031 and 2033 will be adjusted effective on or after October 1, 2026. Following approval of an interim dividend of 44.5 yen, the conversion provisions were revised accordingly. The adjusted conversion prices have been disclosed as 2,792.2 yen for 2031 and 2,653.8 yen for 2033.
Effective Date and Background
The effective date for the conversion price adjustment is on or after October 1, 2026. The adjustment reflects a revision to the conversion provisions linked to the interim dividend approved by the Board of Directors (44.5 yen per common share). Practically, this affects the value of shares upon exercise of conversion rights and the potential dilution.
Shimizu Corporation
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