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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.