Citic Pacific Special Steel (SHE:000708) adjusted the conversion price of its convertible bonds to 13.69 yuan per share from 13.89 yuan per share, effective Sept. 16, according to a Thursday filing with the Shenzhen bourse.
The adjustment follows the implementation of a dividend of 2 yuan per 10 shares, or 0.20 yuan per share, with an ex-rights and ex-dividend date of Sept. 16 and a record date of Sept. 15.
Company shares fell 1% during the midday break on Thursday.
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