InterDigital Announces Conversion Rate Adjustment to and Convertibility of 1.50% Senior Convertible Notes Due 2020
March 05 2019 - 4:30PM
InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and
development company, announced today an adjustment to the
conversion rate applicable to its 1.50% Senior Convertible Notes
due 2020 (the “Notes”). In connection with the cash dividends
previously announced by the Company and paid on May 1, 2018, July
25, 2018, October 24, 2018 and January 23, 2019, the conversion
rate for the Notes has been increased to 14.0506 shares of the
Company’s common stock (“Company Common Stock”) per $1,000
principal amount of Notes.
About InterDigital®
InterDigital develops technologies that are at the core of
mobile devices, networks, and services worldwide. We solve
many of the industry's most critical and complex technical
challenges, inventing solutions for more efficient broadband
networks and a richer multimedia experience years ahead of market
deployment. InterDigital has licenses and strategic
relationships with many of the world's leading wireless companies.
Founded in 1972, InterDigital is listed on NASDAQ and is
included in the S&P MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
Contact:Patrick Van de WilleEmail:
patrick.vandewille@interdigital.com +1 (858) 210-4814 |
|
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Mar 2024 to Apr 2024
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Apr 2023 to Apr 2024