Vishay Intertechnology Files 8-K

TL;DR

Vishay Intertechnology filed an 8-K on Dec 3rd, updating corporate info. Nothing major disclosed yet.

AI Summary

Vishay Intertechnology, Inc. filed an 8-K on December 3, 2024, to report on events under Regulation FD Disclosure and Other Events. The filing details the company's principal executive offices located at 63 Lancaster Avenue, Malvern, PA 19355, and its primary business phone number is 610-644-1300. The company is incorporated in Delaware and its fiscal year ends on December 31.

Why It Matters

This 8-K filing serves as an official update from Vishay Intertechnology, Inc. to the SEC, providing key corporate information and potentially signaling important business developments.

Risk Assessment

Risk Level: low — The filing is a routine corporate update and does not disclose any immediate financial risks or significant operational changes.

Key Numbers

• 610-644-1300 — Phone Number (Registrant's primary contact number)
• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year)

Key Players & Entities

• Vishay Intertechnology, Inc. (company) — Registrant
• 63 Lancaster Avenue, Malvern, PA 19355 (location) — Principal Executive Offices
• Delaware (jurisdiction) — State of Incorporation
• December 3, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.10 — ich registered Common stock, par value $0.10 per share VSH New York Stock Exchan
• $1,000 — ersion Rate (shares of common stock per $1,000 principal amount) 32.2205 Effective c

Filing Documents

• form8-k.htm (8-K) — 37KB
• 0000103730-24-000128.txt ( ) — 169KB
• vsh-20241203.xsd (EX-101.SCH) — 4KB
• vsh-20241203_lab.xml (EX-101.LAB) — 21KB
• vsh-20241203_pre.xml (EX-101.PRE) — 16KB
• form8-k_htm.xml (XML) — 4KB

01 – Regulation FD Disclosure

Item 7.01 – Regulation FD Disclosure Conversion Ratio Adjustments for Dividends The quarterly cash dividend program of Vishay Intertechnology, Inc. ("the Company" or "Vishay") results in adjustments to the conversion rate and effective conversion price for each issuance of the Company's convertible senior notes, specifically, the 2.25% Convertible Senior Notes due 2025 (the "2025 Notes"). As required by the indentures governing the terms of each issuance of convertible senior notes, the Company has delivered a notice and officers' certificate to the trustees regarding these adjustments. Pursuant to the indentures governing the terms of each issuance of convertible senior notes, effective December 3, 2024 (the ex-dividend date), the adjusted conversion rate and adjusted effective conversion price are as follows (subject to the conditions applicable to conversion set forth in the indentures): Convertible Senior Notes Due 2025 Conversion Rate (shares of common stock per $1,000 principal amount) 32.2205 Effective conversion price (per share) $ 31.04 The conversion rate and effective conversion price of Vishay's 2.25% Convertible Senior Notes due 2030 were not impacted by the quarterly cash dividend.

01 – Other Events

Item 8.01 – Other Events In February 2022, the Board of Directors of Vishay approved, and Vishay announced a Stockholder Return Policy ("SHRP"), which set forth the intention of Vishay to annually return to stockholders at least 70% of free cash flow, net of scheduled principal payments of long-term debt, directly in the form of dividends, or indirectly, in the form of stock repurchases. To enable the operation of the SHRP, Vishay's Board of Directors approves the repurchase of a stated number of shares of common stock from time-to-time. As of September 28, 2024, approximately 1.2 million shares remained from the previous repurchase authorization of 8.5 million shares. On December 3, 2024, Vishay's Board of Directors approved the repurchase of an additional 3.0 million shares of common stock, to enable the operation of the SHRP for the foreseeable future. Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 3, 2024 VISHAY INTERTECHNOLOGY, INC. By: /s/ David L. Tomlinson Name: David L. Tomlinson Title: Senior Vice President – Chief Accounting Officer

View Full Filing

View this 8-K filing on SEC EDGAR