secwatch.observer — SEC 8-K summary
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Issuer:     VISHAY INTERTECHNOLOGY INC (VSH)
CIK:        0000103730
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0000103730-24-000128
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Vishay authorizes repurchase of 3.0 million shares; adjusts 2025 convertible note conversion rate
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- Board approved new authorization of 3.0 million shares for repurchase; 1.2 million shares remained from prior authorization.
- Conversion rate for 2.25% Convertible Senior Notes due 2025 adjusted to 32.2205 shares per $1,000 principal, effective conversion price $31.04.
- No adjustment for 2.25% Convertible Senior Notes due 2030.
- Repurchase is part of Stockholder Return Policy targeting at least 70% of free cash flow returned to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/103730/000010373024000128/0000103730-24-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/103730/000010373024000128/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000103730-24-000128

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