Business Context and Reporting Period
Company: Expedia, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 7, 2012
Event: Declaration of a special cash dividend by the Executive Committee on behalf of the Board of Directors.
Key Financial Metrics
This filing does not contain standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on capital allocation via dividends.
- Special Dividend Declared: $0.52 per share of common stock.
- Regular Dividend (Previously Announced): $0.13 per share of common stock.
- Total Dividend Distribution (Combined): $0.65 per share.
Material Changes and Dividend Details
The material change reported is the authorization of a special dividend in addition to the regular quarterly dividend.
- Special Dividend Payment Date: December 28, 2012.
- Special Dividend Record Date: December 17, 2012.
- Regular Dividend Payment Date: December 7, 2012.
- Regular Dividend Record Date: November 16, 2012.
Guidance, Outlook, and Risks
The filing text does not provide forward-looking guidance, management commentary on future operations, specific risk factors, or contingencies related to the company's business outlook. The document serves solely to disclose the dividend declaration event.
Investor Verification Checklist
- Verify stock ownership status as of the close of business on December 17, 2012, to confirm eligibility for the $0.52 special dividend.
- Confirm receipt of the regular $0.13 dividend payment scheduled for December 7, 2012.
- Review the press release filed as Exhibit 99.1 for any additional context regarding the rationale for the special dividend.