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[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: TWSE
  • Date: Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)

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 (Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source
TWSE
Date
Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

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.

AI Analysis

Frequently Asked Questions

Q: What is the conversion price of a convertible bond?
A: 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.
Q: Why is the conversion price adjusted?
A: 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.
Q: How will this adjustment affect Quanxin's stock price?
A: 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.
Q: What is a private placement bond?
A: A private placement bond is sold directly to a select few investors, unlike public bonds offered to a wide audience.
Q: What does this news mean for investors?
A: It suggests Quanxin prioritizes shareholder returns. Convertible bondholders may be able to convert to shares under more favorable terms.