Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Vishay Intertechnology, Inc. > News item |
Vishay updates conversion price on 2.25% convertibles due 2025
By Wendy Van Sickle
Columbus, Ohio, March 16 – Vishay Intertechnology, Inc. has adjusted the conversion rate and conversion price for its 2.25% convertible senior notes due 2025, according to an 8-K filing with the Securities and Exchange Commission.
The conversion price is now $31.18, equivalent to an updated conversion rate of 32.0705 shares per $1,000 principal amount.
The adjustments, due to a quarterly cash dividend, are effective March 16, the ex-dividend date.
Vishay is a Malvern, Pa.-based semiconductor manufacturer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.