Endeavor Announces Q4 2024 Cash Dividend
Endeavor Group Holdings (NYSE: EDR) announced a quarterly cash dividend of approximately $27 million for Q4 2024. The dividend amounts to $0.06 per share for Class A common stockholders. Payments will be made on December 30, 2024 to those on record as of December 16, 2024. Future dividends will be determined based on various factors including results of operations, financial condition, market conditions, cash flow needs, and legal requirements. This declaration also complies with the merger agreement with Silver Lake, which mandates a quarterly dividend of $0.06 per share before closing.
Endeavor Group Holdings (NYSE: EDR) ha annunciato un dividendo in contante trimestrale di circa 27 milioni di dollari per il quarto trimestre del 2024. Il dividendo ammonta a 0,06 dollari per azione per i soci azionari delle azioni ordinarie di Classe A. I pagamenti saranno effettuati il 30 dicembre 2024 a coloro che risulteranno registrati entro il 16 dicembre 2024. I futuri dividendi saranno determinati in base a vari fattori, tra cui i risultati operativi, la situazione finanziaria, le condizioni di mercato, le necessità di flusso di cassa e i requisiti legali. Questa dichiarazione è conforme anche all'accordo di fusione con Silver Lake, che prevede un dividendo trimestrale di 0,06 dollari per azione prima della chiusura.
Endeavor Group Holdings (NYSE: EDR) anunció un dividendo en efectivo trimestral de aproximadamente 27 millones de dólares para el cuarto trimestre de 2024. El dividendo asciende a 0,06 dólares por acción para los accionistas comunes de Clase A. Los pagos se llevarán a cabo el 30 de diciembre de 2024 para aquellos que estén registrados hasta el 16 de diciembre de 2024. Los futuros dividendos se determinarán en función de varios factores, incluyendo los resultados de las operaciones, la condición financiera, las condiciones del mercado, las necesidades de flujo de efectivo y los requisitos legales. Esta declaración también cumple con el acuerdo de fusión con Silver Lake, que establece un dividendo trimestral de 0,06 dólares por acción antes del cierre.
Endeavor Group Holdings (NYSE: EDR)는 2024년 4분기 약 2700만 달러의 현금 배당금을 발표했습니다. 배당금은 클래스 A 보통주 주주에게 주당 0.06 달러에 해당합니다. 지급은 2024년 12월 30일에 2024년 12월 16일 기준으로 등록된 주주에게 이루어질 것입니다. 향후 배당금은 운영 결과, 재무 상태, 시장 조건, 현금 흐름 필요성 및 법적 요구사항을 포함한 다양한 요소에 따라 결정됩니다. 이 선언은 종료 전에 주당 0.06 달러의 분기 배당금을 요구하는 Silver Lake와의 인수 합병 계약에도 부합합니다.
Endeavor Group Holdings (NYSE: EDR) a annoncé un dividende en espèces trimestriel d'environ 27 millions de dollars pour le quatrième trimestre 2024. Le dividende s'élève à 0,06 dollar par action pour les actionnaires ordinaires de Classe A. Les paiements seront effectués le 30 décembre 2024 pour ceux qui sont enregistrés au 16 décembre 2024. Les dividendes futurs seront déterminés en fonction de divers facteurs, y compris les résultats d'exploitation, la condition financière, les conditions du marché, les besoins de flux de trésorerie et les exigences légales. Cette déclaration est également conforme à l'accord de fusion avec Silver Lake, qui exige un dividende trimestriel de 0,06 dollar par action avant la clôture.
Endeavor Group Holdings (NYSE: EDR) gab eine vierteljährliche Bardividende von ungefähr 27 Millionen Dollar für das vierte Quartal 2024 bekannt. Die Dividende beträgt 0,06 Dollar pro Aktie für die Aktionäre der Klasse A. Die Zahlungen erfolgen am 30. Dezember 2024 an diejenigen, die bis zum 16. Dezember 2024 registriert sind. Zukünftige Dividenden werden basierend auf verschiedenen Faktoren, einschließlich der Betriebsergebnisse, der finanziellen Lage, der Marktbedingungen, des Liquiditätsbedarfs und der gesetzlichen Anforderungen, festgelegt. Diese Erklärung erfüllt auch die Anforderungen des Fusionsvertrags mit Silver Lake, der eine vierteljährliche Dividende von 0,06 Dollar pro Aktie vor dem Abschluss vorschreibt.
- Declared a quarterly cash dividend of approximately $27 million.
- Dividend of $0.06 per share for Class A common stockholders.
- None.
Insights
The announced
Future declarations of quarterly dividends are subject to the determination and discretion of Endeavor based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in our debt agreements and legal requirements and other factors that Endeavor deems relevant, as well as requirements under the merger agreement with
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including the expected dividend payment date and timing thereof. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to those factors discussed in Part I, Item 1A “Risk Factors” in Endeavor’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as any such factors may be updated from time to time in the Company’s other filings with the SEC, including without limitation, the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, accessible on the SEC’s website at www.sec.gov and Endeavor’s Investor Relations site at investor.endeavorco.com. Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, Endeavor undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Endeavor
Endeavor (NYSE: EDR) is a global sports and entertainment company, home to many of the world’s most dynamic and engaging storytellers, brands, live events, and experiences. The Endeavor network specializes in talent representation through entertainment agency WME; sports operations and advisory, event management, media production and distribution, and brand licensing through IMG; live event experiences and hospitality through On Location; full-service marketing through global cultural marketing agency 160over90; and sports data and technology through OpenBet. Endeavor is also the majority owner of TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company comprising UFC and WWE.
Website Disclosure
Investors and others should note that Endeavor announces material financial and operational information to its investors using press releases, SEC filings and public conference calls and webcasts, as well as its Investor Relations site at investor.endeavorco.com. Endeavor may also use its website as a distribution channel of material Company information. In addition, you may automatically receive email alerts and other information about Endeavor when you enroll your email address by visiting the “Investor Email Alerts” option under the Resources tab on investor.endeavorco.com.
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Source: Endeavor Group Holdings
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