Sanrio Company Adjusts Conversion Price for Euro-Yen Convertible Bonds
TOKYO, Jun 23 (Pulse News Wire) – Sanrio Company,ltd. (8136.T) announced adjustments to the conversion price of its 2028 maturity Euro-yen convertible bonds with attached warrant rights. The adjustmen
TOKYO, Jun 23 (Pulse News Wire) – Sanrio Company,ltd. (8136.T) announced adjustments to the conversion price of its 2028 maturity Euro-yen convertible bonds with attached warrant rights.
The adjustment was made effective from April 1, 2026, following a resolution at the June 23 board meeting to declare a final dividend of ¥38 per share for the fiscal year ending March 31, 2026. Prior to the adjustment, the conversion price was set at ¥507. Following the adjustment, the new conversion price stands at ¥504.
This adjustment aligns with the terms outlined in the bond's conversion price adjustment clause. Additionally, Sanrio implemented a five-for-one stock split effective April 1, 2026. As such, the dividend amount mentioned reflects the pre-split distribution.
