InterDigital Announces Conversion Rate Adjustment to Senior Convertible Notes

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Summary · why it matters

InterDigital announced an adjustment to the conversion rate for its 3.50% Senior Convertible Notes due 2027. Effective July 8, 2026, the ex-dividend date for the upcoming regular quarterly cash dividend, the conversion rate increased to 13.0351 shares of common stock per $1,000 principal amount of the Notes. The dividend was previously announced on June 11, 2026.

Impact on assets 1

Semiconductors▲ · 1 stocks
InterDigital Inc
IDCC
± MixedCapitalrelevance

Conversion rate adjustment due to dividend, no clear positive or negative impact on stock value.