tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SBI Holdings Adjusts Bond Conversion Prices Following Dividend and Stock Split

Story Highlights
SBI Holdings Adjusts Bond Conversion Prices Following Dividend and Stock Split

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

SBI Holdings ( (JP:8473) ) just unveiled an update.

SBI Holdings has announced adjustments to the conversion price of its Zero Coupon Convertible Bonds due 2031, following the approval of an extraordinary dividend and a stock split by its Board of Directors. These adjustments, effective retroactively, are expected to impact the company’s financial structure and shareholder value, reflecting strategic financial decisions aimed at optimizing capital management and enhancing shareholder returns.

The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6710.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.

More about SBI Holdings

SBI Holdings, Inc. is a financial services company based in Tokyo, Japan, known for its diverse range of financial products and services, including asset management, brokerage, and banking. The company focuses on leveraging technology to enhance its offerings and maintain a competitive edge in the financial industry.

Average Trading Volume: 3,745,718

Technical Sentiment Signal: Buy

Current Market Cap: Yen2165B

Learn more about 8473 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1