GMO Payment Gateway (TYO:3769) said it has adjusted the conversion price of its zero coupon convertible bonds due 2026 following approval of a dividend payout, according to a Monday filing on the Tokyo Stock Exchange.
The conversion price was lowered to 18,064.2 yen from 18,090.3 yen, effective from Oct. 1. The adjustment reflects a dividend of 144 yen per share for the year ended Sept. 30, 2025, approved at the company's annual shareholders' meeting.
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