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    Broadcom, Inc., 8.00% Mandatory Convertible Prfd Stock, Series A Due 9/30/2022
    Ticker Symbol: AVGOP*     CUSIP: 11135F200     Exchange: NGS
    Security Type:   Mandatory Convertible Security
    * NOTE: This security is no longer trading as of 9/30/2022

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  Broadcom, Inc., 8.00% Mandatory Convertible Preferred Stock, Series A Due 9/30/2022, liquidation preference $1,000 per share. The preferred shares are mandatorily convertible on 9/30/2022 into a variable number of Broadcom, Inc (NYSE: AVGO) common shares based on the then current price of the common shares for 20 consecutive trading days immediately prior to the conversion date. The conversion settlement rate will be 3.0303 shares per unit if the then current market price is equal to or greater than $330.00 and 3.5422 shares per unit if the market price is equal to or less than $282.31. For market prices between those values the settlement rate will be $1,000 divided by the market value. The last reported sale price of the common stock on 9/24/2019 was $282.31 per share. The preferred shares are convertible any time at the holder’s option into 3.0303 shares of common stock. Distributions of 8.0% per annum ($80 per annum or $20 per quarter) will be paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the record dates 3/15, 6/15, 9/15 & 12/15 preceding the payment date (NOTE: the ex-dividend date is one business day prior to the record date). If a Fundamental Change occurs on or prior to 9/30/2022, holders of the Mandatory Convertible Preferred Stock will have the option to convert their shares of Mandatory Convertible Preferred Stock, in whole or in part into the Issuer’s common stock at the Fundamental Change Conversion Rate. Holders who convert their Mandatory Convertible Preferred Stock within the Fundamental Change Conversion Period will also receive a Fundamental Change Dividend Make-Whole Amount (See Prospectus for more information). Dividends paid by this preferred are eligible for a preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under normal holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-55 of the prospectus for further information). In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the mandatory convertible preferred stock and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
    Stock
    Exchange
    Cpn Rate
    Ann Amt
    LiqPref
    CallPrice
    Call Date
    Matur Date
    Moodys/S&P
    Dated
    Conversion
    Shares@Price
    Distribution Dates 15%
    Tax Rate
    NGS
    Chart
    8.00%
    $80.00
    $1,000.00
    $1,000.00
    Not Redeemable
    9/30/2022
    NR NR
    4/14/2022
    3.0303@$330+
    3.5422@282.31-
    3/31, 6/30, 9/30 & 12/31
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    YES

    Go to Parent Company's Record (AVGO)

    IPO - 9/25/2019 - 3.25 Million Shares @ $1000.00 /share.    Link to IPO Prospectus
    Market Value $3.25 Billion

    Company's Online Information Links
    HOME PAGE:     https://www.broadcom.com/
    Company's Investor Relations Information Go to Investor Relations Information
    Company's Online News Releases Go to News Releases
    Online Company Profile Go to Online Profile

    Company's Online SEC EDGAR Filings
    Company's SEC EDGAR Filings Go to SEC Filings

    Company's Email Address Links
    Email Address investor.relations@broadcom.com
    Email Request Form on Website Go to Email Form

    Address and Phone Numbers
    Address:   1320 Ridder Park Drive, San Jose, CA 95131
    Main Phone Number 408-433-8000
    Fax Number Not Available
    Investor Relations   Beatrice F. Russotto 408-433-8000
    CEO - Hock E. Tan CFO - Kirsten Spears

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