Lenovo Group (00992) plans to issue $2 billion in new convertible bonds and simultaneously redeem old bonds at a premium, while also conducting share repurchases.

The China Fortune Finance APP reported that Lenovo Group (00992) announced that on June 17, 2026 (after trading hours), the company entered into a bond subscription agreement with the agent. According to this agreement, the agent has conditionally agreed to subscribe or cause subscribers to subscribe to the company's new convertible bonds with a total principal amount of $2 billion USD, and to make payment or cause subscribers to make payment accordingly. The initial conversion price is set at HK$36.70 per share.