An announcement from Vishay Intertechnology (VSH) is now available.
Vishay Intertechnology, Inc. has announced adjustments to the conversion rate and effective conversion price for its 2.25% Convertible Senior Notes due 2025 following its quarterly cash dividend program. Effective March 13, 2024, the new conversion rate for these notes is set at 32.1476 shares of common stock per $1,000 principal amount, with an effective conversion price of $31.11 per share. These changes are in line with the terms stipulated in the indentures of the convertible notes, and no adjustments were made to the Convertible Senior Notes due 2030.
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