InterDigital adjusts conversion rate on 3.50% senior convertible notes
Tweet
Share
E-mail
Get Alerts IDCC Hot Sheet
Price: $323.05 +0.34%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: -4.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: -4.4%
Join SI Premium – FREE
InterDigital, Inc. (Nasdaq: IDCC) announced an adjustment to the conversion rate on its 3.50% Senior Convertible Notes due 2027, according to a press release statement.
The conversion rate increased to 13.0351 shares of common stock per $1,000 principal amount of notes, effective July 8, 2026, which was the ex-dividend date for the company's regular quarterly cash dividend.
The adjustment follows the quarterly cash dividend previously announced by the company on June 11, 2026.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- U.S. and Denmark close in on a Greenland deal - Reuters
- Empire Petroleum (EP) files $150M mixed shelf
- Accenture and Anthropic partner on AI safety evaluation team
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Dividend, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
