“Sports and Entertainment Company TKO Group Holdings, The Firm Beyind The Likes of UFC and WWE, SAID WEDNESDAY THAT ITS BOARD OF DIRECTORS HAS AUTHORIZED ATVIDING. “TKO’s Class A Common Stockholders Will Now Receive their Pro Rata Share of An Aggregate Distribution of Approximately $ 150 Million…., Representing a”, – WRITE: www.hollywoodReporter.com
“TKO’s Class A Common Stockholders Will Now Receive their Pro Rata Share of An Aggregate Distribution of APPROXIMATELY $ 150 Million…., Representing A 100 Percent Increase Over.
As a result, Holders of Tko’s Class A Common Stock Will Now Receive a quarterly Dividend of 76 CENTS per Share, Up from 38 CENTS PREVIUSLY. The Dividend Will Be Paid On Sept. 30 to Class A Common Stockholders of Record As of the Close of Business on Sept. 15.
In Addition, The Company SAID ON WEDNESDAY THAT IT HAS CONCURRENTLY LAUNCHED ‘A PETENTIAL UPSIZE OF ITS EXISTING CREDIT FACKSKYY Customary Closing Conditions. ”
“On the Heels of Our UFC and Wwestic Media Rights Renewals and the Strong Earnings and Cash Flow Profile, AlongSide the Continued Streng and Momentum Inno and the Momentum Inno, Along To Double Tko’s Quarterly Cash Dividend, ”SAID MARK Shapiro, President and Coo of TKO. “The Increated Dividend, Together with Our Share Repurchase Program That We Expert To Commennce With The Third Quarter, Reflects Ongoing Commitment to A ROBUST CAPITAL RETAB Long-Term Value for Our Shareholders. ”
TKO also said that it “Intends to Fund Quarterly Dividends with Cash Flow from Operations and/or Cash on Hand.
Last MONTH, The Company Unveils A Billbuster $ 1.6 Billion Deal with Espn for the Us Rights to It ITS WWE Premium Live Events, Followed By Tko Group Holdings ReveAling. Live Events and Partnerships, Two Core Areas.
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