Viad Corp Declares Dividend Distribution of Preferred Stock Purchase Rights
Viad Corp (VVI)
Last viad corp earnings: 2/6 04:05 pm
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US:NYSE Investor Relations:
viad.com/investors/investor-center/default.aspx
Company Research
Source: Business Wire
PHOENIX--(BUSINESS WIRE)--The Viad Corp (NYSE: VVI) Board of Directors announced today that it has adopted a short-term stockholder rights plan, which is scheduled to expire on February 28, 2021.In light of the recent market volatility, our Board believes that the rights plan will help promote the fair and equal treatment of all Viad shareholders and ensure that the Board remains in the best position to discharge its fiduciary duties to the Company and shareholders. The rights plan will guard against efforts to capitalize on recent macroeconomic conditions, including open market accumulations and other coercive tactics, aimed at gaining control of the Company without paying all shareholders a full control premium for their shares. The rights are not being distributed in response to any specific effort to acquire or influence control of the Company.Under the plan, one preferred stock purchase right will be distributed for each share of common stock held by shareholders of record on
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VVI
Earnings
- 11/7/24 - Beat
VVI
Sec Filings
- 12/18/24 - Form 8-K
- 12/9/24 - Form 8-K
- 11/7/24 - Form 10-Q
- VVI's page on the SEC website