New Hope Corporation Limited ( (AU:NHC) ) has provided an update.
New Hope Corporation Limited has announced an adjustment to the conversion price of its A$300 million 4.25% Senior Convertible Notes due 2029. This adjustment follows an Extraordinary Cash Dividend of A$0.19 payable to shareholders, resulting in a new conversion price of A$6.2358 per ordinary share, effective from 26 March 2025. This change reflects the company’s financial strategy and impacts noteholders by altering the conversion terms, potentially affecting the company’s market positioning and shareholder value.
More about New Hope Corporation Limited
New Hope Corporation Limited is a company involved in the energy sector, primarily focusing on coal mining and energy generation. It is known for its operations in Australia, providing resources and energy solutions to various markets.
YTD Price Performance: -14.53%
Average Trading Volume: 1,694
Technical Sentiment Signal: Hold
Current Market Cap: $2.09B
Learn more about NHC stock on TipRanks’ Stock Analysis page.