Summary
Oracle Corporation filed an 8-K on June 23, 2011, primarily to report its fiscal fourth quarter and full fiscal year 2011 financial results, as detailed in a press release issued on the same date. This filing is crucial for investors seeking to understand the company's recent performance and financial condition. The press release, furnished as Exhibit 99.1, would contain the specific earnings figures and commentary from management. In addition to the financial results, the 8-K also announced a corporate action: Oracle's Board of Directors declared a quarterly cash dividend of $0.06 per share. This dividend is payable on August 3, 2011, to shareholders of record as of July 13, 2011. The declaration of a dividend signals the company's commitment to returning capital to its shareholders.
Key Highlights
- 1Oracle announced financial results for its fiscal fourth quarter and full fiscal year ended May 31, 2011, via a press release.
- 2The press release detailing the financial results is furnished as Exhibit 99.1.
- 3The company's Board of Directors declared a cash dividend.
- 4The dividend amount is $0.06 per share of common stock.
- 5The dividend payment date is August 3, 2011.
- 6The record date for the dividend is July 13, 2011.