TOKYO, May 13 (Pulse News Wire) – Yamazen Corporation (8051.T) adjusted the conversion price for its 2026 maturity Euro-yen callable bonds with attached warrant rights. The adjustment was made effective from April 1, 2026, following approval of the final dividend payment of ¥34 per share at the board meeting held.
As a result, the annual dividend for the fiscal year ending March 2026 was set at ¥54 per share. The previous and adjusted conversion prices for the bond are as follows: - Previous Conversion Price: ¥1,186 - Adjusted Conversion Price: ¥1,158 This adjustment aligns with the terms outlined in the bond's prospectus, which stipulates changes based on dividend payments.
Additionally, all outstanding warrants associated with these bonds have been exercised, completing the conversion to ordinary shares. --- The decision reflects Yamazen’s commitment to adhering to the terms of its debt instruments while ensuring fair treatment for bondholders.
The company continues to maintain strong liquidity and operational stability, supporting its ongoing growth initiatives.
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