Industrial Bank Issues New Shares Through Bond Conversion

MT Newswires Live
6 hours ago

Industrial Bank (SHA:601166) issued 5,152 shares following the conversion of 104,000 yuan in convertible bonds in the third quarter, according to a Friday filing with the Shanghai bourse.

The conversion increased the bank's total shares to 21.16 billion.

As of Sept. 30, a cumulative 8.65 billion yuan in convertible bonds had been converted into 388.7 million shares.

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