8-KOther EventsExhibits & Filings

Expedia Group, Inc. 8-K Report, Corporate Update (Dec 7, 2012)

Filed December 7, 2012For Securities:EXPE

Summary

Expedia, Inc. (EXPE) filed a Form 8-K on December 7, 2012, to announce a special dividend. This filing is primarily of interest to current shareholders as it details the distribution of additional capital. The company's Executive Committee, acting on behalf of the Board of Directors, declared a special dividend of $0.52 per share of common stock. This special dividend is in addition to a previously announced regular dividend. The payment date for the special dividend is December 28, 2012, with a record date of December 17, 2012. This action signifies the company's intent to return a notable amount of capital to its shareholders, underscoring a potentially strong financial position or a strategic decision regarding capital allocation at that time.

Key Highlights

  • 1Expedia announced a special dividend of $0.52 per share of common stock on December 7, 2012.
  • 2The special dividend is in addition to a previously announced regular dividend of $0.13 per share.
  • 3The record date for the special dividend is December 17, 2012.
  • 4The payment date for the special dividend is December 28, 2012.
  • 5The declaration was made by the Executive Committee on behalf of the Board of Directors.
  • 6This filing is primarily an 'Other Events' notification.
  • 7The press release announcing the dividend is included as Exhibit 99.1.

Frequently Asked Questions

The main purpose of this Form 8-K filing is to announce Expedia's declaration of a special dividend to its common stockholders.

The special dividend is $0.52 per share of common stock. It is payable on December 28, 2012, to shareholders of record as of December 17, 2012.

No, this special dividend is in addition to a previously announced regular dividend of $0.13 per share, which had a record date of November 16, 2012, and a payment date of December 7, 2012.

The special dividend was declared by Expedia's Executive Committee, acting on behalf of its Board of Directors.