DAIWA HOUSE INDUSTRY CO.,LTD. [1925.T]
TOKYO, Jun 26 (Pulse News Wire) – Daiwa House Industry CO.,LTD. (1925.T) announced adjustments to the conversion prices of its convertible bonds due in 2029 and 2030 based on recent dividend decisions and stock split resolutions.
Following the approval of a final dividend of ¥100 per share at the 87th Ordinary General Meeting of Shareholders held, the conversion price of the 2029 maturity Euroyen-denominated convertible bond with attached warrant was adjusted from ¥5,338 to ¥5,303. Similarly, the conversion price of the 2030 maturity Euroyen-denominated convertible bond with attached warrant was adjusted from ¥5,245 to ¥5,211. These changes took effect from April 1, 2026, according to the adjustment clause in the bond agreements.
Additionally, the board of directors resolved on May 13, 2026, to implement a two-for-one stock split effective from September 30, 2026. As a result, the conversion price of the 2029 maturity Euroyen-denominated convertible bond with attached warrant was further adjusted from ¥5,303 to ¥2,651. Likewise, the conversion price of the 2030 maturity Euroyen-denominated convertible bond with attached warrant was adjusted from ¥5,211 to ¥2,605.
These adjustments will take effect from October 1, 2026, also in accordance with the bond agreement provisions.
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