Chow Tai Fook adjusts convertible bond terms, share capital stable

As of October 31, 2025, Chow Tai Fook Jewellery Group Limited reported no change in its total authorised/registered share capital, remaining at HK$50,000,000,000, consisting of 50,000,000,000 ordinary shares with a par value of HK$1 each. The total number of issued shares also remained steady at 9,865,367,400, including 422,800 treasury shares.

The company's 0.375% Convertible Bonds due 2030, with a principal amount of HK$8,800,000,000, saw an adjustment to their conversion price. Effective August 8, 2025, the conversion price was revised from HK$17.32 to HK$16.91 per share, following the declaration of a final dividend of HK$0.32 per share for the year ended March 31, 2025.

This adjustment means that the maximum number of shares that may be issued upon full conversion of the outstanding bonds is now 520,402,128 shares. No new shares were issued and no treasury shares were transferred out during the month pursuant to these convertibles.