Tokyu (JP:9005) has released an update.
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Tokyu Corporation has announced an adjustment to the conversion price for its Zero Coupon Convertible Bonds due 2028 and 2030, effective April 1, 2024. The adjustment was made following the payment of an extraordinary dividend, which was part of the annual total dividend for the fiscal year ended March 31, 2024. This decision was ratified by the company’s shareholders on June 27, 2024.
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