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France Bed Holdings Adjusts Convertible Bond Conversion Price

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France Bed Holdings Adjusts Convertible Bond Conversion Price

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France Bed Holdings Co., Ltd. ( (JP:7840) ) has shared an update.

France Bed Holdings Co., Ltd. announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2029, reducing it from 1,334.8 yen to 1,317.1 yen. This adjustment follows the approval of an interim dividend of 17 yen per share, reflecting the company’s adherence to the terms of the bonds and potentially impacting investor returns.

The most recent analyst rating on (JP:7840) stock is a Buy with a Yen1451.00 price target. To see the full list of analyst forecasts on France Bed Holdings Co., Ltd. stock, see the JP:7840 Stock Forecast page.

More about France Bed Holdings Co., Ltd.

France Bed Holdings Co., Ltd. operates in the furniture and bedding industry, focusing on the production and sale of beds and related products. The company is known for its innovative designs and commitment to quality, serving a diverse market that includes both residential and healthcare sectors.

Average Trading Volume: 36,498

Technical Sentiment Signal: Buy

Current Market Cap: Yen45.55B

For detailed information about 7840 stock, go to TipRanks’ Stock Analysis page.

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