Summary
Electronic Arts Inc. (EA) filed an 8-K on May 9, 2022, reporting on its financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2022. The filing includes a press release detailing these financial outcomes, offering investors insights into the company's performance. While the press release itself is not deemed "filed" under Section 18 of the Exchange Act, it serves as the primary communication of EA's operational and financial condition for the period. In addition to the financial results, the 8-K also announced a significant capital allocation decision. The Audit Committee, on behalf of the Board of Directors, declared a quarterly cash dividend of $0.19 per share. This dividend, payable on June 22, 2022, to shareholders of record on June 8, 2022, demonstrates a commitment to returning value to shareholders.
Key Highlights
- 1EA announced its financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2022.
- 2The company issued a press release on May 10, 2022, detailing these financial results.
- 3A cash dividend of $0.19 per share of common stock was declared by the Audit Committee.
- 4The dividend payment date is scheduled for June 22, 2022.
- 5The record date for dividend eligibility is June 8, 2022.
- 6The press release containing the financial results is attached as an exhibit (Exhibit 99.1).