UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K | ||||
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 1, 2017 (February 28, 2017)
GameStop Corp. | ||||
(Exact name of Registrant as specified in its charter) | ||||
Delaware | 1-32637 | 20-2733559 | ||
(State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
625 Westport Parkway
Grapevine, TX 76051
Grapevine, TX 76051
(817) 424-2000
(Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices)
Not Applicable
(Former name or former address, if changed since last report)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On February 28, 2017, GameStop Corp.’s Board of Directors authorized an increase in the Company’s annual cash dividend from $1.48 to $1.52 per common share, an increase of 2.7 percent. The Company announced the declaration of its regular quarterly dividend of $0.38 per common share payable on March 28, 2017 to shareholders of record on March 14, 2017.
GameStop also announced it will report earnings results after the market closes on Thursday, March 23, 2017 for its fourth quarter and full year ended January 28, 2017. The Company will host an investor conference call at 5:00 PM EDT on the same day to review the Company’s financial results and provide its 2017 outlook.
This announcement was included in a press release distributed on March 1, 2017. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release issued by GameStop Corp., dated March 1, 2017.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GAMESTOP CORP. | |||
(Registrant) | |||
Date: | March 1, 2017 | By: | /s/ ROBERT A. LLOYD |
Name: Robert A. Lloyd Title: Executive Vice President and Chief Financial Officer | |||
GameStop Increases Annual Cash Dividend
Company also announces fourth quarter and full year 2016 earnings release date
GRAPEVINE, Texas, (March 1, 2017) – GameStop Corp. (NYSE: GME), a family of specialty retail brands that makes the most popular technologies affordable and simple, today announced that its Board of Directors approved a 2.7% increase of its regular annual cash dividend from $1.48 to $1.52 per share. The regular quarterly dividend of $0.38 per share will be payable on March 28, 2017 to all shareholders of record as of March 14, 2017.
GameStop also announced it will report earnings results after the market closes on Thursday, March 23, 2017 for its fourth quarter and full year ended January 28, 2017. The company will host an investor conference call at 5:00 PM EDT on the same day to review the company’s financial results and provide its 2017 outlook. This call can be accessed at GameStop Corp.’s investor relations page at http://investor.gamestop.com. The call will be archived for two months on GameStop Corp.’s website.
About GameStop
GameStop Corp. (NYSE: GME), a Fortune 500 company headquartered in Grapevine, Texas, is a global, multichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 7,600 stores across 14 countries. The company’s consumer product network also includes www.gamestop.com; www.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the world’s leading print and digital video game publication; and ThinkGeek, www.thinkgeek.com, the premier retailer for the global geek community featuring exclusive and unique video game and pop culture products. In addition, our Technology Brands segment includes Simply Mac and Spring Mobile stores. Simply Mac, www.simplymac.com, operates 70 stores, selling the full line of Apple products, including laptops, tablets, and smartphones and offering Apple certified warranty and repair services. Spring Mobile, http://springmobile.com, sells post-paid AT&T services and wireless products through its 1,436 AT&T branded stores and offers pre-paid wireless services, devices and related accessories through its 68 Cricket branded stores in select markets in the U.S.
General information about GameStop Corp. can be obtained at the company's corporate website. Follow GameStop on Twitter @ www.twitter.com/GameStop and find GameStop on Facebook @ www.facebook.com/GameStop.
Contact
Matt Hodges
VP, Public & Investor Relations
GameStop Corp.
817-424-2000
MattHodges@GameStop.com