Corporate ActionAug 7, 2026, 07:53 AM
POSCO Holdings Adjusts Exchange Price of Bonds to KRW 414,343
AI Summary
POSCO Holdings Inc. announced an adjustment to the exchange price of its foreign currency denominated exchangeable bonds, issued on September 1, 2021. The exchange price was lowered from KRW 419,025 to KRW 414,343. This adjustment was made following a cash dividend by the company, leading to an increase in the number of shares available for exchange from 87,977 to 88,971. The new adjusted price will be effective from August 25, 2026.
Key Highlights
- Exchange price adjusted from KRW 419,025 to KRW 414,343.
- Adjustment applies to foreign currency denominated exchangeable bonds issued September 1, 2021.
- Reason for adjustment is a cash dividend by POSCO Holdings Inc.
- Number of shares available for exchange increased from 87,977 to 88,971.
- Adjusted price becomes effective on August 25, 2026.
Price Impact
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