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Vishay Intertechnology ( (VSH) ) has issued an update.
Vishay Intertechnology, Inc. has announced that its quarterly cash dividend program has prompted adjustments to the conversion rate and effective conversion price for its 2.25% Convertible Senior Notes due 2025. Effective from September 10, 2024, the new conversion rate is set at 32.1955 shares of common stock per $1,000 principal amount, with an effective conversion price of $31.06 per share. These changes are in line with the company’s indenture agreements and do not affect the Convertible Senior Notes due 2030.
For a thorough assessment of VSH stock, go to TipRanks’ Stock Analysis page.
