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Nichicon shares fall after ¥22 billion convertible bond plan

Verifying
  • Nichicon announced a ¥22 billion euro-yen convertible bond issue maturing in 2031.
  • 9.54% is the potential share increase excluding treasury stock under the bond conversion terms.
  • Nichicon placed a ¥4,999,902,300 buyback order through Tokyo Stock Exchange ToSTNeT-3 on September 3.
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