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Thursday, September 29, 2022

Equity Corporate Actions Alert #2022 - 268
Information Regarding the Mandatory Conversion of Broadcom, Inc. 8.00% Mandatory Convertible Preferred Stock, Series A (AVGOP)

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  • Industry Announcement

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Effective at the open of business on Friday, September 30, 2022, the 8.00% Mandatory Convertible Preferred Stock, Series A of Broadcom Inc. (AVGOP) will be exchanged for shares of the company's Common Stock (AVGO) on a mandatory basis. The details are as follows:

Company/Issue: Broadcom, Inc. 8.00& Mandatory Convertible Preferred Stock, Series A
CUSIP#: 11135F200
Symbol: AVGOP
Anticipated Last Trading Date: September 29, 2022
Anticipated Marketplace Effective Date for Suspension: September 30, 2022
Exchange Ratio: 3.1149 shares of common stock (AVGO) for each preferred share held.

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