Vishay Adjusts Conversion Terms for 2025 Senior Notes
Company Announcements

Vishay Adjusts Conversion Terms for 2025 Senior Notes

An announcement from Vishay Intertechnology (VSH) is now available.

Vishay Intertechnology, Inc. has announced adjustments to the conversion rate and effective conversion price for their 2.25% Convertible Senior Notes due in 2025 following their quarterly cash dividend program. Effective from June 13, 2024, the new conversion rate is set at 32.1684 shares per $1,000 principal amount with an effective conversion price of $31.09 per share. These changes ensure that note holders are compensated fairly for dividends issued, but no changes have been made to the convertible notes due in 2030.

For a thorough assessment of VSH stock, go to TipRanks’ Stock Analysis page.

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