Financing ·
Vishay Intertechnology, Inc. entered into an underwriting agreement with J.P. Morgan Securities LLC to offer and sell…
VSHVishay Intertechnology Inc
Vishay Intertechnology, Inc. entered into an underwriting agreement with J.P. Morgan Securities LLC to offer and sell 15,000,000 shares of common stock at $50.00 per share. The underwriters exercised a 30-day option to purchase an additional 2,250,000 shares on June 30, 2026. Net proceeds are expected to be approximately $830.3 million to accelerate growth initiatives and reduce debt. Vishay Intertechnology, Inc. is a manufacturer of discrete semiconductors and passive electronic components.