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Kobe Steel Lowers Conversion Prices on Convertible Bonds

PUBT·11/10/2026 04:05:05
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Kobe Steel Lowers Conversion Prices on Convertible Bonds
  • Kobe Steel announced conversion price cuts for its zero coupon convertible bonds on Nov. 10, 2026, effective Oct. 1, 2026.
  • The conversion price for Zero Coupon Convertible Bonds due 2028 fell to ¥2,130.5 from ¥2,173.4.
  • For Zero Coupon Convertible Bonds due 2030, the conversion price decreased to ¥2,038 from ¥2,079.1.
  • The adjustments reflect an extraordinary dividend triggered by a ¥40-per-share interim dividend approved by the board on Nov. 10, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kobelco - Kobe Steel Ltd. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.