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Microchip Technology 8-K Report: Key Financial Insights & Stock Details

$MCHP
Form 8-K
Filed on: 2025-05-02
Source
Microchip Technology 8-K Report: Key Financial Insights & Stock Details

Based on the provided financial report section, here are the key points and insights extracted:

  1. Entity Identification:
  • Company Name: Microchip Technology Incorporated
  • SEC CIK Number: 0000827054
  • Address: 2355 West Chandler Boulevard, Chandler, AZ 85224-6199
  • Phone Number: 480-792-7200
  1. Filing Details:
  • Form Type: 8-K
  • Filing Date: May 1, 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
    • Each depositary share represents a 1/20th interest in a share of preferred stock.
  1. Segments:
  • The report includes disclosures related to two classes of stock:
    • Common Stock
    • Mandatory Convertible Preferred Stock (ADR Member)
  1. Date Contexts:
  • The financial data is reported for the date of May 1, 2025, indicating the report likely includes information relevant to events or transactions occurring on this date.

Insights:

  • The filing is an 8-K, which is used to report major events that shareholders should know about. The nature of the event is not specified in the provided text but may pertain to significant changes or announcements by the company.
  • The company is actively engaged in managing both common and preferred stock, indicating a strategy to attract different types of investors.
  • The preferred stock has a specified dividend rate (7.50%), which may appeal to income-focused investors.
  • The par value of both common and preferred shares is relatively low, which is typical for many companies and may suggest a flexible capital structure.

This information can be crucial for investors, analysts, and stakeholders to assess Microchip Technology's financial activities and corporate governance practices as of the reporting date.