Lenovo Group Lowers Convertible Bond Conversion Price to HK$35.74 on Dividend Adjustment
Bulletin Express
Jul 23
Lenovo Group Limited announced an adjustment to the conversion price of its US$2.00 billion zero-coupon convertible bonds due 2033. Following shareholder approval of a cash dividend of HK$0.337 per share, the initial conversion price of HK$36.70 will be reduced to HK$35.74 per share.
The revised conversion price takes effect on 8 August 2026, the trading day immediately after the dividend record date. All other terms and conditions of the bonds remain unchanged.
The notice was signed by Chairman and Chief Executive Officer Yang Yuanqing on 23 July 2026.
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