other material
confidence high
sentiment neutral
materiality 0.20
Vishay adjusts conversion rate on 2025 convertible notes to 32.1684 shares per $1,000 due to dividend
VISHAY INTERTECHNOLOGY INC
- Effective June 13, 2024, conversion rate for 2.25% convertible notes due 2025 set at 32.1684 shares per $1,000 principal.
- Effective conversion price for 2025 notes adjusted to $31.09 per share.
- Conversion rate and effective price for 2.25% convertible notes due 2030 unchanged by this quarterly dividend.
- Adjustment is a routine consequence of Vishay's quarterly cash dividend program.