Hokkaido Electric Power Company,Incorporated [9509.T]
TOKYO, Jun 25 (Pulse News Wire) – Hokkaido Electric Power Company,incorporated (9509.S) adjusted the conversion price for its 2031 maturity Euro-Yen convertible bonds with warrant rights. The adjustment was made effective from April 1, 2026, following approval at the company's 102nd Ordinary General Meeting of Shareholders held, which approved a final dividend of ¥17 per share.
Under the terms of the bond agreement, the conversion price was revised from ¥1,353 to ¥1,332. The adjustment reflects changes in the company’s dividend policy and ensures alignment with the stipulated conditions of the convertible bonds.
This modification applies to all outstanding 2031 maturity Euro-Yen convertible bonds with warrant rights issued by the company. The updated conversion price will take effect immediately following the shareholder meeting resolution.
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