Luxshare triggers convertible bond buyback at CNY 101.258
Luxshare Precision Industry Co has triggered the buyback condition for its convertible bonds after the company's stock price met specified criteria on July 10, 2025.
Bondholders can resell their bonds at CNY 101.258 per bond, including interest and tax. The resale application period runs from July 17-23, 2025, through the Shenzhen Stock Exchange trading system.
Payment is scheduled for July 29, 2025, with investors expected to receive funds by July 30. The bonds will continue trading during the buyback period but conversion to shares will be temporarily suspended.
The company noted the buyback price is below the current market price of the bonds.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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