Summary by Futu AI
Lenovo Group Limited announced that due to the announcement of dividends, the conversion price of its $675,000,000 2.50% convertible bonds due in 2029 will be adjusted from HK$9.42 per share to HK$9.06 per share. The adjustment will take effect on August 3, 2024, following the record date for shareholders to enjoy final dividend rights. The dividend includes the previously approved interim dividend of HK$ 0.80 per share and final dividend of HK$ 0.30 per share. The other terms of the bonds remain unchanged. Yang Yuanqing, chairman and CEO of Lenovo Group, issued the notice on July 18, 2024.