Vishay adjusts conversion prices on 2040, 2041, 2042 convertibles

By Wendy Van Sickle

Columbus, Ohio, March 14 – Vishay Intertechnology, Inc. has adjusted the conversion price on three series of convertible debentures to reflect its latest quarterly cash dividend, according to an 8-K filing with the Securities and Exchange Commission.

The conversion price for its 2.25% convertible senior debentures due 2040 is now $12.91, equivalent to a conversion rate of 77.4680 shares per $1,000 principal amount of debentures.

The conversion price is now $17.69 for its 2.25% convertible senior debentures due 2041, corresponding to a conversion rate of 56.5321 per $1,000 principal amount.

The conversion price for its 2.25% convertible senior debentures due 2042 is now $10.98, equivalent to a conversion rate of 91.0838 per $1,000 of debentures.

The adjustments took effect on Dec. 6, the ex-dividend date.

Vishay is a Malvern, Pa.-based semiconductor manufacturer.

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