Resonac Holdings Corporation
Notice Regarding Adjustment of Conversion Price for Euro-Yen Convertible Bonds with Stock Acquisition Rights Due 2028
At the General Meeting of Shareholders held on March 26, 2026, a year-end dividend of 65 yen per share was approved, and the conversion price of the Euro-Yen Convertible Bonds with Stock Acquisition Rights due 2028 was adjusted from 4,560.5 yen to 4,510.9 yen.
Key Figures
- Year-end Dividend: 65 yen (per share)
- Conversion Price (Before Adjustment): 4,560.5 yen
- Conversion Price (After Adjustment): 4,510.9 yen
AI要約
Regarding the Adjustment of the Conversion Price
Resonac Holdings Corporation announced that the conversion price of its Euro-Yen Convertible Bonds with Stock Acquisition Rights due 2028 has been adjusted from 4,560.5 yen to 4,510.9 yen pursuant to the conversion price adjustment clause in the bond terms, following the approval of a year-end dividend of 65 yen per share at the 117th Annual General Meeting of Shareholders held on March 26, 2026. The effective date of this adjustment will be on or after January 1, 2026.
Impact on Shareholders
This conversion price adjustment is linked to the determination of the year-end dividend. For holders of the convertible bonds, it lowers the acquisition price of shares upon conversion, thereby affecting the value of the stock conversion. This is a formal measure following the dividend approval at the General Meeting of Shareholders and confirms the dividend payment to shareholders.
