dividend
confidence high
sentiment neutral
materiality 0.55
Vishay declares $0.10 quarterly dividend, authorizes repurchase of $54.4M 2025 convertible notes
VISHAY INTERTECHNOLOGY INC
- Quarterly dividend of $0.10 per share payable Dec 12, 2024 to holders of record Dec 3, 2024.
- Board authorized repurchase of $54.418M outstanding 2025 convertible notes via open market or private transactions.
- Repurchases subject to market conditions, legal requirements, and may be terminated at any time.
- Company expects to fund note repurchases through borrowings under its revolving credit facility.
- Notes otherwise mature June 15, 2025; future dividends remain subject to Board approval.