Dealers said the dollar-yen exchange rate was sensitive to the movement of the 225-issue Nikkei Stock Average
as the yen recently drew robust buying on sharp rises in Tokyo stocks.
The 225-issue Nikkei Stock Average
will be computed with 224 component issues between Aug.
The Nikkei 225 Stock Average
is an unmanaged, price-weighted index of 225 large, actively traded Japanese stocks traded on the Tokyo Stock Exchange.
The company said the same replacement will be made in the Nikkei Stock Index 300 and Nikkei 500 Stock Average
on March 6.
The change will involve other Nikkei indexes, such as the Nikkei Stock Index 300 and the Nikkei 500 Stock Average
, the company said.
The Nikkei Stock Average
fell below 12,000 for the first time since February 1985 in early Tuesday trading as Tokyo stocks were again hammered by a slide on Wall Street.
If the HBOC common stock average
price is above $25.
At the holder's option, each share of Series A Convertible Preferred Stock, which has a face value of $250, is convertible into Common Stock at a per share price equal to 101% of the Common Stock average
price for the thirty trading days ending five trading days prior to the conversion, but not greater than the lesser of (i) 105% of the Common Stock average
price of the first five trading days of such thirty day period, or (ii) $12.
1% exceeds the New Jersey bank stock average
dividend yield of 2.