Jet2 PLC Announces Convertible Bond Price Adjustment
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Jet2 PLC (GB:JET2) has released an update. Jet2 PLC, a prominent leisure travel group, has announced an adjustment in the conversion price of its £387.4 million convertible bonds due in 2026 following the payment of a final dividend of 10.7 pence per share. The new conversion price for bondholders is set at £17.6844 per ordinary share, a change prompted by the company’s recent dividend distribution. For further insights into GB:JET2 stock, check out TipRanks’ Stock Analysis page.
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