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Mizuho cuts conversion price on 11th series class XI preferreds
By Toni Weeks
San Diego, Aug. 29 - Mizuho Financial Group, Inc. said it adjusted the conversion price on its 11th series class XI preferred stock to ¥282.9 from ¥284.9 effective Aug. 30, according to a 6-K filing with the Securities and Exchange Commission.
The floor price of the conversion price was also adjusted to ¥282.9 from ¥284.9.
As of July 31, there were 384,510,800 shares of the stock outstanding.
Mizuho is a bank holding company based in Tokyo.
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