Lumentum to issue 5 million shares in private exchange for $650.4 million convertible notes

Lumentum Holdings

Lumentum Holdings

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  • Lumentum entered privately negotiated exchange agreements to issue about 5,000,000 shares in exchange for USD 650.4 million of 0.50% Convertible Senior Notes due 2028.
  • Exchange adds about 800,000 incremental shares of dilution tied to the notes’ principal amount.
  • Company expects to close the transactions around June 4, 2026.
  • No cash proceeds; the exchanged notes will be received and canceled.
  • About USD 172.2 million principal amount of the notes is expected to remain outstanding, with terms unchanged.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lumentum Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-249535), on June 01, 2026, and is solely responsible for the information contained therein.

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