Key Developments: Interval Leisure Group Inc (IILG.O)
20.97USD
17 Jun 2013
$0.17 (+0.82%)
$20.80
$21.04
$21.08
$20.18
91,741
161,996
$22.24
$16.90
Latest Key Developments (Source: Significant Developments)
Interval Leisure Group Inc Declares Second Quarter Dividend
Interval Leisure Group Inc announced the board of directors has declared a second quarter dividend of $0.11 per share which is scheduled to be paid on June 18, 2013 to shareholders of record as of June 4, 2013. Full Article
Interval Leisure Group Inc Accelerates First Quarter 2013 Dividend
Interval Leisure Group Inc announced that Board of Directors declared an accelerated cash dividend totaling $0.10 per common share payable on December 27, 2012, to stockholders of record at the close of business on December 17, 2012. This accelerated dividend is intended by the Board to be in lieu of the quarterly dividend ILG would have otherwise announced and paid in the first quarter of 2013. Full Article
Interval Leisure Group Inc Declares Dividend
Interval Leisure Group Inc announced that it has declared a $0.10 per share dividend payable December 18, 2012 to shareholders of record on December 4, 2012. Full Article
Interval Leisure Group Inc Declares Dividend
Interval Leisure Group Inc announced that its Board of Directors has declared a $0.10 per share dividend payable September 20, 2012 to shareholders of record on September 6, 2012. Full Article
Interval Leisure Group Inc Closes $500 Million Revolving Credit Facility
Interval Leisure Group Inc announced that its subsidiary, Interval Acquisition Corp., has entered into an amended and restated $500 million revolving credit facility, replacing its existing $50 million revolving credit facility and term loan with an original principal amount of $150 million that was set to expire in July 2013. The amended credit facility expires in June 2017 and is guaranteed by Interval Leisure Group, Inc. and the Borrower’s domestic subsidiaries. Loans under the amended facility bear interest at a per annum rate equal to LIBOR plus 1.25% to 2.25%, based on the Borrower’s consolidated leverage ratio (the beginning LIBOR margin will be 1.75%). Proceeds from the new credit facility are available for general corporate purposes, including working capital, capital expenditures, acquisitions, and redemption of the company’s $300 million 9.5% Senior Notes, due August 2016 and callable September 1, 2012 at par. Full Article
Interval Leisure Group Inc Declares Dividend Of $0.10 Per Share
Interval Leisure Group Inc announced that its Board of Directors declared a cash dividend of $0.10 per common share payable on June 26, 2012, to stockholders of record at the close of business on June 12, 2012. Full Article
Interval Leisure Group Inc Declares Dividend
Interval Leisure Group Inc announced that it has declared a quarterly cash dividend of $0.10 per share on its common stock, payable April 18, 2012 to shareholders of record as of April 2, 2012. Full Article
Interval Leisure Group Inc Adds Two Resorts in Argentina to Exchange Network
Interval Leisure Group Inc announced that Pinamar Family Resort and El Aljibe Casas de Campo in Argentina have joined its exchange network. The properties are situated in the exclusive beach resort town of Pinamar, in the Buenos Aires Province, and the scenic Traslasierra Valley, in Cordoba. Full Article
Interval Leisure Group Inc Announces Share Repurchase Program
Interval Leisure Group Inc announced that effective August 3, 2011, the Board of Directors of Interval Leisure Group has authorized a stock repurchase program that enables the Company to purchase up to $25 million of its common stock. The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. Repurchases may be conducted in the open market or through privately negotiated transactions. This program may be modified, suspended or terminated by Interval Leisure Group at any time without notice. Full Article
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