INTUIT INC. (NASDAQ:INTU) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
the fiscal quarter ended April 30, 2017>and provided
forward-looking guidance. A copy of the press release is attached
to this Report as Exhibit 99.01.
shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly stated by specific reference in
such filing.
approved a cash dividend of $0.34>per share. The cash dividend
will be paid on July 18, 2017>to shareholders of record as of
the close of business on July 10, 2017. Future declarations of
dividends and the establishment of future record dates and payment
dates are subject to the final determination of the Intuit Board of
Directors. A copy of the press release announcing the cash dividend
is furnished as Exhibit 99.01 to this Report.
Small Business Group, adopted a stock trading plan related to the
exercise of 90,000 stock options and the sale of the underlying
shares of Intuit Inc. common stock and sales of up to 16,317 and
57,300 shares issuable upon the vesting of restricted stock units
and performance-based restricted stock units, respectively. Subject
to the terms and conditions of this plan, a brokerage firm may
periodically sell the issued shares at predetermined minimum prices
from August 2017 through June 2018. This trading plan is intended
to satisfy the requirements of Rule 10b5-1 of the Exchange Act and
was adopted in accordance with Intuit’s policies regarding
securities transactions. Rule 10b5-1 permits individuals who are
not in possession of material, non-public information at the time
the plan is adopted to establish pre-arranged plans to buy or sell
company stock. Transactions under this trading plan will be
disclosed publicly through Form 4 filings with the Securities and
Exchange Commission, to the extent required by law.
|
|
|
|
|
99.01
|
|
Press release issued on May 23, 2017, reporting financial
results for the quarter ended April 30, 2017 and announcing the cash dividend.* |
|
*
|
This exhibit is intended to be furnished and shall not be
deemed filed for purposes of the Securities Exchange Act of 1934, as amended. |
About INTUIT INC. (NASDAQ:INTU)
Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and ProConnect. The Small Business segment serves and advises small businesses and the accounting professionals, and includes QuickBooks financial and business management online services and desktop software, payroll solutions, and payment processing solutions. The Small Business segment also includes third-party applications that integrate with the Company’s offerings. The Consumer Tax segment targets consumers and includes TurboTax products and services, which enable individuals to prepare and file their own federal and state personal income tax returns. The ProConnect segment targets professional accountants in the United States and Canada. Its ProConnect professional tax offerings include Lacerte, ProSeries, ProFile and ProConnect Tax Online. INTUIT INC. (NASDAQ:INTU) Recent Trading Information
INTUIT INC. (NASDAQ:INTU) closed its last trading session up +1.99 at 129.15 with 1,719,844 shares trading hands.
