Sabre declares dividend on mandatory convertible preferred stock

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Sabre Corporation (NASDAQ: SABR) has declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. The dividend will be payable on September 1, 2023, to holders of record as of August 15, 2023.

SOUTHLAKE, Texas, July 26, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) today announced that its Board of Directors has declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. The dividend is payable on September 1, 2023 to holders of record of the mandatory convertible preferred stock as of the close of business on August 15, 2023.

About Sabre 

Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.

SABR-F

Contacts

Media:
Kristin Hays
Kristin.Hays@sabre.com
sabrenews@sabre.com

Investors:
Brian Roberts
Brian.Roberts@sabre.com
sabre.investorrelations@sabre.com

 

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SOURCE Sabre Corporation

FAQ

What is the dividend declared by Sabre Corporation?

Sabre Corporation has declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock.

When will the dividend be payable?

The dividend will be payable on September 1, 2023.

Who will be eligible to receive the dividend?

Holders of record of the mandatory convertible preferred stock as of the close of business on August 15, 2023, will be eligible to receive the dividend.