24 unchanged sentences
Ruta Zandman (a member of our Board of Directors) controls the voting of, solely or on a shared basis with Marc
−Removed: Zandman (our Executive Chairman) and Ziv Shoshani (a member of our Board of Directors) approximately 89.7% of our Class B common stock
−Removed: and 44.4% of the total voting power of our capital stock as of December 31, 2024.
+Added: Zandman (our Executive Chairman) and Ziv Shoshani (a former member of our Board of Directors), approximately 89.7% of our Class B common
+Added: stock and 44.4% of the total voting power of our capital stock as of December 31, 2025.
Certain of our debt obligations contain restrictions as to the payment of cash dividends.
1 unchanged sentence
7, "Management's Discussion and Analysis of Financial Condition and Results of Operations."
−Removed: In 2022, our Board of Directors adopted a Stockholder Return Policy that will remain in effect until such time as the Board votes to amend or rescind the policy.
−Removed: Stockholder Return Policy calls for us to return a prescribed amount of cash flows on an annual basis.
−Removed: We intend to return such amounts directly, in the form of dividends, or indirectly, in the form of stock repurchases.
−Removed: We paid $54.7 million of dividends to stockholders and repurchased $50.4 million of our stock pursuant to the Stockholder Return Policy in 2024.
−Removed: To enable the operation of the Stockholder Return Policy, Vishay's Board of Directors approves the repurchase of a stated number of shares of common
−Removed: stock from time-to-time.
−Removed: As of September 28, 2024, approximately 1.2 million shares remained from the previous repurchase authorization of 8.5 million shares.
−Removed: On December 3, 2024, Vishay's Board of Directors approved the repurchase of an
−Removed: additional 3.0 million shares of common stock, to enable the operation of the Stockholder Return Policy for the foreseeable future.
−Removed: The following table provides information regarding repurchases of our common stock during the fiscal quarter ended December 31, 2024:
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid per Share (including commission)
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Program
−Removed: Total Dollar Amount Purchased Under the Program
−Removed: Maximum Number of Shares that May Yet Be Purchased Under the Program
−Removed: September 29 - October 26
−Removed: October 27 - November 23
−Removed: November 24 - December 31
−Removed: In the fourth fiscal quarter of 2024, we repurchased $53.2 million of our convertible senior notes due 2025.
−Removed: The aggregate purchase price for the repurchases was $53.4 million.
+Added: In 2022, our Board of Directors adopted a Stockholder Return Policy, which calls for us to return at least 70% of free cash flow, net of scheduled principal payments of
+Added: long-term debt, on an annual basis.
+Added: We intend to return such amounts to stockholders directly in the form of dividends, or indirectly, in the form of stock repurchases.
+Added: The policy sets forth our intention, but does not obligate us to acquire any
+Added: shares of common stock or declare any dividends, and the policy may be terminated or suspended at any time at our discretion, in accordance with applicable laws and regulations.
+Added: Despite generating negative free cash flow in 2025 primarily due to our
+Added: capacity expansion plans, we paid $54.2 million of dividends to stockholders and repurchased $12.5 million of our stock pursuant to the
+Added: Stockholder Return Policy in 2025.
+Added: We expect to maintain our dividend and opportunistically repurchase shares based on U.S.
+Added: available liquidity in line with this policy in 2026.
+Added: To enable the operation of our Stockholder Return Policy, our Board of Directors approves the repurchase of a stated number of shares of common stock from time-to-time.
+Added: As of December 31, 2025, approximately 2.8 million shares remained from previous repurchase authorizations.
+Added: There were no repurchases of our common stock during the fiscal quarter ended December 31, 2025.
Stock Performance Graph
12 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.