Tokyu Corporation
Notice Regarding Adjustment of Conversion Price for Euro-Yen Convertible Bonds with Acquisition Clause and Stock Acquisition Rights Due 2028 and Due 2030
Following the decision on the interim dividend, Tokyu adjusted the conversion prices for the convertible bonds with stock acquisition rights due 2028 and 2030. Effective date is on or after October 1, 2026.
Key Figures
- Conversion Price (Due 2028): 2,093.4 yen → 2,091.9 yen
- Conversion Price (Due 2030): 2,003.7 yen → 2,002.3 yen
- Effective Date: On or after October 1, 2026
AI要約
Adjustment of Conversion Price
Tokyu Corporation adjusted the conversion prices for the Euro-yen convertible bonds with acquisition clause and stock acquisition rights due 2028 and due 2030 following approval of the appropriation of surplus dividend proposal. Specifically, the conversion price for the due-2028 series was reduced from 2,093.4 yen to 2,091.9 yen, and the conversion price for the due-2030 series was reduced from 2,003.7 yen to 2,002.3 yen. The effective date is on or after October 1, 2026. See the related press release dated June 12, 2023 for details.
Impact and Future Information
This conversion price adjustment stems from contractual clause adjustments associated with the approval of an interim dividend of 16.0 yen per share. The main text does not provide specific figures for financial impact or dilution effects. As there are uncertainties, further disclosure updates should be monitored.
Tokyu Corporation
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