[Quanxin] Announcement on Adjustment of Convertible Bond Conversion Price
Key facts
- [Quanxin] Announcement on Adjustment of Convertible Bond Conversion Price
- Quanxin Co., Ltd. announced an adjustment to the conversion price of its first domestic private placement unsecured convertible bonds. Due to the company's distribution of cash dividends on common shares, the conversion price will be adjusted from NT$51.6 per share to NT$50.7, effective July 1, 115.
- Source: PR Times
- Date: June 9, 2026
Direct answer
Quanxin Co., Ltd. announced an adjustment to the conversion price of its first domestic private placement unsecured convertible bonds. Due to the company's distribution of cash dividends on common shares, the conversion price will be adjusted from NT$51.6 per share to NT$50.7, effective July 1, 115.
- Citation
- [Quanxin] Announcement on Adjustment of Convertible Bond Conversion Price (June 9, 2026), PR Times
- Source
- PR Times
- Date
- June 9, 2026
Quanxin Co., Ltd. announced an adjustment to the conversion price of its first domestic private placement unsecured convertible bonds. Due to the company's distribution of cash dividends on common shares, the conversion price will be adjusted from NT$51.6 per share to NT$50.7, effective July 1, 115.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 12, 2026 at 17:53 (57h 53m after Collected)
2. Company Name: Quanxin Co., Ltd.
3. Relationship with the Company (Enter Parent Company or Subsidiary): Parent Company
4. Proportion of mutual shareholding: Not applicable
5. Reason for occurrence: The Company adjusts the conversion price in accordance with the provisions of the "Issuance and Conversion Method for the First Domestic Private Placement Unsecured Convertible Bonds".
6. Countermeasures: Due to the company's distribution of cash dividends on common shares, the conversion price shall be adjusted in accordance with the provisions of the "Issuance and Conversion Method for the First Domestic Private Placement Unsecured Convertible Bonds". Therefore, from July 1, 115, the conversion price will be adjusted from NT$51.6 to NT$50.7.
7. Other matters that need to be stated (If the subject of the event occurrence or resolution is a publicly issued company or above, this major information also meets the conditions specified in Article 7, Paragraph 9 of the Enforcement Rules of the Securities Transaction Act regarding matters that have a significant impact on shareholder equity or securities prices): None
FAQ
What is the conversion price of a convertible bond?
The conversion price is the price per share at which a bond can be converted into stock. A lower conversion price means more shares can be obtained through conversion.
Why is the conversion price adjusted?
Conversion prices may be adjusted due to corporate capital changes or shareholder return policies, such as stock splits, dividend payments, or mergers, to protect bondholders' rights.
How will this adjustment affect Quanxin's stock price?
Generally, a lower conversion price benefits bondholders, potentially increasing the incentive to convert to stock. However, overall market conditions and company performance also influence the stock price.
What is a private placement bond?
A private placement bond is sold directly to a select few investors, unlike public bonds offered to a wide audience.
What does this news mean for investors?
It suggests Quanxin prioritizes shareholder returns. Convertible bondholders may be able to convert to shares under more favorable terms.