Falcon's Beyond Global, Inc. (NASDAQ: FBYD) has issued a reminder to its shareholders about the upcoming stock dividend. The record date for the dividend is December 10, 2024, and the payment date is December 17, 2024.
Under the terms of the dividend, eligible shareholders will receive a stock dividend of 0.2 shares of the company’s class A common stock per share of class A common stock outstanding. In addition, holders of the company’s class B common stock will also receive a stock dividend of 0.2 shares of class B common stock per share of class B common stock outstanding.
The company has stated that a total of approximately 2.0 million shares of class A common stock and approximately 11.5 million shares of class B common stock are expected to be issued in connection with the stock dividend.
Shareholders are not required to take any action to receive the stock dividend. After the payment date, stockholders’ book entry accounts will be credited with the additional shares that represent the stock dividend.
Falcon's Beyond Global, Inc. is a leading innovator in immersive storytelling through its divisions Falcon’s Creative Group, Falcon’s Beyond Destinations, and Falcon’s Beyond Brands. The company is headquartered in Orlando, Florida.
It's important to note that the company's website may be used as a distribution channel of material company information. Financial and other important information regarding the company is routinely accessed through and posted on the company's website at https://investors.falconsbeyond.com. Today the company's shares have moved 45.4% to a price of $11.5. For the full picture, make sure to review Falcon's Beyond Global's 8-K report.
