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SBI Holdings adjusts conversion prices on bonds due to dividend
Chicago, June 29 – SBI Holdings Inc. adjusted the conversion prices on two bonds due to annual dividend payments of ¥150 per share, according to a notice.
The conversion price on the zero-coupon convertible bonds due 2023 is now ¥3,343.1 and was previously ¥3,419.7.
The conversion price on the zero-coupon convertible bonds due 2025 is now ¥2,844.2 and was previously ¥2,893.1.
The effective date for the new prices is retroactively the day after the March 31 record date.
The dividend payment was approved at the board of directors meeting on June 29.
SBI Holdings is a Tokyo-based financial services company.
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