ILG,Inc. (NASDAQ:ILG) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
-
0

ILG,Inc. (NASDAQ:ILG) Files An 8-K Results of Operations and Financial Condition
Item 2.02.Results of Operations and Financial Condition.

Financial Results for the Quarter Ended March31, 2018

ILG today issued a press release reporting financial results for the quarter ended March31, 2018.

A copy of the press release is attached as Exhibit99.1 to this Current Report on Form8-K (this “Report”). Exhibit99.1 to this Report is being furnished and is not “filed” with the Securities and Exchange Commission and is not incorporated by reference into any registration statement under the Securities Act of 1933.

Item 2.02.Other Events.

On May3, 2018,ILG announced that its Board of Directors declared a quarterly dividend of $0.175 per common share. The dividend is payable on June12, 2018 to shareholders of record as of June1, 2018. The actual declaration of any future cash dividends, and the establishment of record and payment dates, will be subject to final determination by the Board of Directors each quarter and will depend upon our result of operations, cash requirements and surplus, financial condition, legal requirements, capital requirements related to business initiatives, investments and acquisitions and other factors the Board of Directors may deem relevant.

The press release contains forward-looking statements within the meaning of Section21E of the Securities Exchange Act of 1934, as amended, relating to our future financial performance, our business prospects and strategy, anticipated financial position, liquidity and capital needs and other similar matters. These forward-looking statements are based on management’s current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. The forward-looking statements are subject to the limitations and qualifications set forth in the press release as well as in ILG’s other documents filed with the SEC, including, without limitation, that actual events and/or results may differ materially from those projected in such forward-looking statements..

Item 2.02.Financial Statements and Exhibits.

(d) Exhibits to this Form8-K

ExhibitNo.

Description

99.1

Press release of ILG, dated May3, 2018, reporting financial results for the quarter ended March31, 2018


ILG, Inc. Exhibit
EX-99.1 2 a18-12609_1ex99d1.htm EX-99.1                 Exhibit 99.1     ILG REPORTS FIRST QUARTER 2018 RESULTS   Miami,…
To view the full exhibit click here

About ILG,Inc. (NASDAQ:ILG)

ILG, Inc., formerly Interval Leisure Group, Inc., is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties. Its Vacation Ownership segment engages in the management of vacation ownership resorts; sales, marketing, and financing of vacation ownership interests, and related services to owners and associations. The Company offers leisure and travel-related products and services to owners of vacation interests and others primarily through various membership programs, as well as related services to resort developer clients.