Vishay Intertechnology Inc.
Vishay Intertechnology Announces Conversion Ratio Adjustments for Convertible Senior Notes
Summary
On March 13, 2025, Vishay Intertechnology, Inc. announced adjustments to the conversion rates and effective conversion prices of its 2.25% Convertible Senior Notes due 2025, as a result of its quarterly cash dividend program. The adjusted conversion rate is 32.2497 shares of common stock per $1,000 principal amount, with an adjusted effective conversion price of $31.01 per share. These adjustments were made in accordance with the indentures governing the notes and were delivered to the trustees. The conversion rate and effective conversion price of the 2030 notes were not impacted.
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About Vishay Intertechnology Inc.
Vishay Intertechnology Inc., a leading electronic components manufacturer, plays a crucial role in the technology and electronics sectors. The company specializes in manufacturing a vast array of discrete semiconductors, including rectifiers and diodes, as well as passive components such as capacitors and resistors. These components are essential for the development and function of various electronic devices and systems across industries. As electronics become increasingly integral to modern life, Vishay's products find applications in consumer electronics, automotive, industrial, and telecommunications markets. Headquartered in Malvern, Pennsylvania, Vishay Intertechnology Inc. consistently invests in research and development to advance component efficiency and technology, reinforcing its standing within the global electronics supply chain. Established in 1962, the company has grown to be a significant supplier in the electronics market worldwide, providing critical components that enable advanced technological innovations.
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