MARVELL TECHNOLOGY GROUP LTD. (NASDAQ:MRVL) Files An 8-K Other EventsItem 8.01 Other Events.
On September22, 2017, Marvell Technology Group Ltd. (the “Company”) announced that its Board of Directors had declared the payment of its quarterly dividend of $0.06 per share to be paid on October26, 2017 to all shareholders of record as of October10, 2017. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein. The payment of future quarterly cash dividends is subject to, among other things, the best interests of the Company and its shareholders, its results of operations, cash balances and future cash requirements, financial condition, developments in ongoing litigation, statutory requirements of Bermuda law, and other factors that the Board of Directors may deem relevant.
Item 8.01 Financial Statements and Exhibits.
(d) Exhibits.
MARVELL TECHNOLOGY GROUP LTD ExhibitEX-99.1 2 d439319dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Marvell Technology Group Ltd. Declares Quarterly Dividend Payment SANTA CLARA,…To view the full exhibit click here
About MARVELL TECHNOLOGY GROUP LTD. (NASDAQ:MRVL)
Marvell Technology Group Ltd. is a fabless semiconductor provider of application-specific standard products. The Company is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) and System-in-a-Package (SiP) devices. Its product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers (PHY), wireless connectivity, Internet-of-Things (IoT) devices and multimedia solutions. Its products serve various applications used in carrier, metropolitan, enterprise and personal computer (PC)-client data communications, and storage systems. In addition, the Company serves the consumer electronics market for the convergence of voice, video and data applications. The Company relies on independent, third-party contractors to perform manufacturing, assembly and test functions. The Company offers its products to sectors, including storage, networking, and mobile and wireless.