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Microchip Technology 8-K Filing Insights: Stock Structure & Investor Appeal

$MCHP
Form 8-K
Filed on: 2025-05-08
Source
Microchip Technology 8-K Filing Insights: Stock Structure & Investor Appeal

Based on the provided XML section of the financial report, here are the key insights and important information extracted:

  1. Company Identification:
  • Name: Microchip Technology Incorporated
  • CIK (Central Index Key): 0000827054
  • SEC File Number: 0-21184
  • EIN (Employer Identification Number): 86-0629024
  1. Address:
  • Location: 2355 West Chandler Boulevard, Chandler, AZ 85224-6199
  • Phone Number: 480-792-7200
  1. Filing Details:
  • Filing Type: 8-K (which is used to disclose unscheduled material events or corporate changes)
  • Filing Date: May 8, 2025
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
    • Ticker Symbol: MCHP
    • Exchange: NASDAQ
  • Preferred Stock:
    • Type: 7.50% Series A Mandatory Convertible Preferred Stock
    • Par Value: $0.001 per share
    • Ticker Symbol: MCHPP
    • Exchange: NASDAQ
    • Note: Each depositary share represents a 1/20th interest in a share of the preferred stock.
  1. Reporting Contexts:
  • The report references multiple contexts, suggesting that it includes information segmented by different classes of stock, namely Common Stock and Depositary Shares for the preferred stock.
  1. Dimensions:
  • The report uses specific dimensions to classify stock types, indicating a structured approach to financial reporting in line with US GAAP (Generally Accepted Accounting Principles).

Insights:

  • The filing is a routine report (8-K) that may pertain to a significant event impacting the company, possibly related to its stock structure or financial status.
  • With both common and preferred shares listed, the company offers various investment options, potentially appealing to different types of investors.
  • The specific par value for both stock types suggests a focus on maintaining a low entry point for shareholders.
  • The 7.50% dividend rate on the preferred stock indicates a strategy to attract income-focused investors.

This information provides a comprehensive view of Microchip Technology Incorporated's recent filing and its implications for investors and stakeholders.