Summary
Oracle Corporation (ORCL) filed an 8-K on December 15, 2016, primarily to furnish a press release detailing its financial results for the fiscal second quarter ended November 30, 2016. While the 8-K itself does not contain the detailed financial figures, it directs investors to Exhibit 99.1, the press release, for this information. This filing is crucial for investors seeking to understand Oracle's recent performance and financial condition. In addition to the financial results, the filing also announced a routine quarterly cash dividend declaration. The Board of Directors declared a dividend of $0.15 per share, payable to shareholders of record on January 5, 2017. This dividend payment reflects Oracle's ongoing commitment to returning capital to its shareholders.
Key Highlights
- 1Oracle Corporation announced its financial results for the fiscal second quarter ended November 30, 2016, via a press release furnished as Exhibit 99.1.
- 2The 8-K filing's primary purpose is to disseminate these quarterly financial results to the public.
- 3Investors should refer to the press release (Exhibit 99.1) for detailed financial performance data.
- 4Oracle's Board of Directors declared a cash dividend of $0.15 per share.
- 5The dividend is payable on January 26, 2017.
- 6Shareholders of record as of the close of business on January 5, 2017, will be eligible to receive the dividend.