TKO Declares Inaugural Quarterly Cash Dividend
26 Février 2025 - 2:00PM
Business Wire
TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a
premium sports and sports entertainment company, today announced
that its board of directors has declared its inaugural quarterly
cash dividend pursuant to the capital return program the Company
announced on October 24, 2024. TKO’s Class A common stockholders
will receive their pro rata share of an aggregate distribution of
approximately $75 million from TKO Operating Company, LLC to its
equityholders. The per share dividend to the holders of TKO’s Class
A common stockholders will be $0.38 per share. The dividend will be
paid on March 31, 2025 to Class A common stockholders of record as
of the close of business on March 14, 2025.
Future declarations of quarterly dividends are subject to the
determination and discretion of TKO based on its consideration of
various factors, such as its results of operations, financial
condition, market conditions, earnings, cash flow requirements,
restrictions in its debt agreements and legal requirements and
other factors that TKO deems relevant.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. TKO intends 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 TKO’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2024, as any such factors may be updated from
time to time in the Company’s other filings with the SEC, which are
accessible on the SEC’s website at www.sec.gov and TKO’s Investor
Relations site at investor.tkogrp.com. Forward-looking statements
speak only as of the date they are made and, except as may be
required under applicable law, TKO undertakes no obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
About TKO
TKO Group Holdings, Inc. (NYSE: TKO) is a premium sports and
sports entertainment company. TKO includes UFC, the world’s premier
mixed martial arts organization, and WWE, the recognized global
leader in sports entertainment. Together, our organizations reach
more than 1 billion households in approximately 210 countries and
territories, and we organize more than 300 live events year-round,
attracting more than two million fans. TKO is majority owned by
Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and
entertainment company.
Website Disclosure
Investors and others should note that TKO 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.tkogrp.com. TKO may
also use its website as a distribution channel of material
information about the Company. In addition, you may automatically
receive email alerts and other information about TKO, UFC and WWE
when you enroll your email address by visiting the “Investor Email
Alerts” option under the Resources tab on investor.tkogrp.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250226685606/en/
Investors: Seth Zaslow 646-558-8387 szaslow@tkogrp.com
Press: press@tkogrp.com
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