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VMware Inc (VMW.N)

VMW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vmware Announces Record Date For Previously Announced One-Time Special Dividend
Tuesday, 11 Dec 2018 04:16pm EST 

Dec 11 (Reuters) - VMware Inc ::VMWARE ANNOUNCES RECORD DATE FOR PREVIOUSLY ANNOUNCED ONE-TIME SPECIAL DIVIDEND.VMWARE INC - EXPECTED THAT PAYMENT DATE FOR SPECIAL DIVIDEND WILL BE DECEMBER 28, 2018.VMWARE INC - SPECIAL DIVIDEND PAYABLE IN CONNECTION WITH CLOSING OF DEAL ANNOUNCED ON JULY 2, BY DELL TECHNOLOGIES INC.VMWARE - DEC. 27, SET AS RECORD DATE FOR VMWARE'S $11 BILLION, CONDITIONAL ONE-TIME SPECIAL DIVIDEND PAYABLE PRO-RATA TO ALL VMWARE STOCKHOLDERS.  Full Article

VMware Reports Fiscal 2019 Third Quarter Results
Thursday, 29 Nov 2018 04:15pm EST 

Nov 29 (Reuters) - VMware Inc ::VMWARE REPORTS FISCAL 2019 THIRD QUARTER RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $1.56.Q3 EARNINGS PER SHARE ESTIMATE $1.50 -- REFINITIV IBES DATA.Q3 REVENUE $2.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.17 BILLION.LICENSE REVENUE FOR Q3 WAS $884 MILLION, AN INCREASE OF 17% FROM Q3 OF FISCAL 2018.RAISING FULL-YEAR FISCAL 2019 TOTAL REVENUE GUIDANCE TO $8.882 BILLION.SEES 2019 GAAP NET INCOME PER DILUTED SHARE TO BETWEEN $5.95 AND $6.07.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $6.22.FY2019 EARNINGS PER SHARE VIEW $6.17, REVENUE VIEW $8.83 BILLION -- REFINITIV IBES DATA.QTRLY NET INCOME PER WEIGHTED-AVERAGE SHARE, DILUTED FOR CLASSES A AND B $0.81.  Full Article

PSAM To Vote Against DVMT Deal Unless Consideration Raised By At Least 20 Pct
Monday, 29 Oct 2018 10:32am EDT 

Oct 29 (Reuters) - P. Schoenfeld Asset Management LP::PSAM DECLARES INTENT TO VOTE AGAINST THE DVMT TRANSACTION UNLESS CONSIDERATION IS INCREASED BY AT LEAST 20%.SAYS CALLS FOR VMWARE SPECIAL DIVIDEND TO NOT BE CONTINGENT ON DVMT TRANSACTION.SAYS DO NOT BELIEVE DELL WILL BE ABLE TO BACK UP ITS $79.77 VALUATION OF SHARES OF CLASS C STOCK THROUGH A "ROBUST" IPO.SAYS NEGOTIATED TRANSACTION TO CONVERT DELL'S CLASS V INTO CLASS C CAN BE COMPLETED WITH OR WITHOUT AN IPO.SAYS BELIEVE BOTH DELL'S NEW CLASS C INVESTORS & INVESTORS THAT GET CLASS C SHARES IN CLASS V EXCHANGE OFFER "DESERVE" REPRESENTATION ON BOARD.SAYS PROPOSES ALLOWING DELL'S CLASS C SHAREHOLDERS TO VOTE AS A CLASS FOR A DIRECTOR.  Full Article

Vmware Says On August 23, Dell Technologies Provided Approval Of Unit To Deal Between Co, Cloudhealth Technologies
Monday, 27 Aug 2018 04:45pm EDT 

Aug 27 (Reuters) - Dell Technologies Inc ::VMWARE SAYS ON AUGUST 23, DELL TECHNOLOGIES PROVIDED APPROVAL OF UNIT TO DEAL BETWEEN CO, CLOUDHEALTH TECHNOLOGIES .  Full Article

Vmware To Acquire Cloudhealth Technologies
Monday, 27 Aug 2018 12:45pm EDT 

Aug 27 (Reuters) - VMware Inc ::VMWARE ANNOUNCES INTENT TO ACQUIRE CLOUDHEALTH TECHNOLOGIES, A GLOBAL PLATFORM FOR MULTI-CLOUD OPERATIONS.ACQUISITION IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON FISCAL 2019 GUIDANCE.VMWARE'S FISCAL 2019 GUIDANCE REMAINS UNCHANGED.VMWARE - SIGNED AGREEMENT TO BUY CLOUDHEALTH TECHNOLOGIES.FY2019 EARNINGS PER SHARE VIEW $6.14, REVENUE VIEW $8.82 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

VMware Reports Q2 Earnings Per Share $1.54
Thursday, 23 Aug 2018 04:15pm EDT 

Aug 23 (Reuters) - VMware Inc ::VMWARE REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $1.54.Q2 EARNINGS PER SHARE VIEW $1.49 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $2.17 BILLION VERSUS I/B/E/S VIEW $2.14 BILLION.QTRLY GAAP NET INCOME $1.56 PER DILUTED SHARE.LICENSE REVENUE FOR Q2 WAS $900 MILLION, AN INCREASE OF 15%.  Full Article

VMware Announces One-Time Special Dividend To Stockholders
Monday, 2 Jul 2018 06:05am EDT 

July 2 (Reuters) - VMware Inc ::VMWARE ANNOUNCES ONE-TIME SPECIAL DIVIDEND TO STOCKHOLDERS.REAFFIRMS Q2 GUIDANCE AND FY-19 FULL YEAR REVENUE AND OPERATING MARGIN GUIDANCE.GAAP EARNINGS PER SHARE RANGE FOR FISCAL 2019 IS NOW EXPECTED TO BE $5.43 PER SHARE TO $5.73 PER SHARE.NON-GAAP EARNINGS PER SHARE FOR FISCAL 2019 IS NOW EXPECTED TO BE $5.99 PER SHARE.VMWARE - BOARD EXTENDED AUTHORIZATION OF CO'S EXISTING STOCK REPURCHASE PROGRAM, WITH ABOUT $876 MILLION REMAINING, THROUGH AUGUST 31, 2019.FOR FISCAL 2019 CASH FLOW FROM OPERATIONS IS EXPECTED TO BE $3.55 BILLION, AND FREE CASH FLOW IS EXPECTED TO BE $3.27 BILLION.Q2 EARNINGS PER SHARE VIEW $1.49, REVENUE VIEW $2.14 BILLION -- THOMSON REUTERS I/B/E/S.FY2019 EARNINGS PER SHARE VIEW $6.15, REVENUE VIEW $8.79 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Dell Technologies To Exchange Class V Tracking Stock For Equity/Cash Election Option
Monday, 2 Jul 2018 06:00am EDT 

July 2 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES CONCLUDES STRATEGIC REVIEW AND REACHES AGREEMENT TO EXCHANGE CLASS V TRACKING STOCK FOR EQUITY OR CASH ELECTION OPTION.QUARTERLY REVENUE $21.4 BILLION.CLASS V STOCKHOLDERS WILL HAVE OPTION TO ELECT $109 IN CASH CONSIDERATION PER CLASS V SHARE, UP TO $9 BILLION IN AGGREGATE.VMWARE'S BOARD OF DIRECTORS HAS VOTED TO DECLARE AN $11 BILLION CASH DIVIDEND PRO RATA TO ALL VMWARE STOCKHOLDERS.$109 IN DEAL VALUE PER SHARE IMPLIES A TOTAL MARKET CAPITALIZATION OF $21.7 BILLION FOR CLASS V STOCKHOLDERS.PRO FORMA FOR TRANSACTION, DVMT STOCKHOLDERS WILL OWN 20.8%-31.0% OF DELL TECHNOLOGIES, DEPENDING ON CASH ELECTION AMOUNTS.DELL TECHNOLOGIES' SHARE OF CASH DIVIDEND PRO RATA WILL BE APPROXIMATELY $9 BILLION.SPECIAL COMMITTEE OF DELL INDEPENDENT DIRECTORS RECOMMENDS TRANSACTION FOLLOWING EXTENSIVE INDEPENDENT REVIEW.VMWARE MAINTAINS INDEPENDENCE AS A SEPARATE PUBLICLY TRADED COMPANY WHILE CO TO CONTINUE TO OWN 81% OF VMWARE COMMON STOCK.INTENDS TO USE DIVIDEND PROCEEDS TO FINANCE CASH CONSIDERATION PAID TO CLASS V STOCKHOLDERS.DELL TECHNOLOGIES -TO OFFER NEW CLASS OF PUBLICLY-LISTED COMMON STOCK AFTER PROPOSED EXCHANGE OF DELL TECHNOLOGIES CLASS V TRACKING STOCK FOR CLASS C COMMON STOCK.DELL TECHNOLOGIES - SHARES OF CLASS V TRACKING STOCK OF HOLDERS WHO DO NOT OPT TO RECEIVE CASH WILL BE CONVERTED INTO CLASS C COMMON STOCK.  Full Article

VMware Says CEO Patrick Gelsinger's FY2018 Compensation Was $17.7 Mln
Friday, 1 Jun 2018 04:28pm EDT 

June 1 (Reuters) - VMware Inc ::VMWARE SAYS CEO PATRICK GELSINGER'S FY2018 COMPENSATION WAS $17.7 MILLION.  Full Article

VMware Expect Q2 Non-GAAP EPS To Be $1.49 - Conf Call
Thursday, 31 May 2018 04:30pm EDT 

May 31 (Reuters) - VMware Inc ::RAISING FY 2019 REVENUE FORECAST TO $8.78 BILLION - CONF CALL.RAISING FY 2019 ADJUSTED. EPS FORECAST TO $6.14 - CONF CALL.FOR Q2, EXPECT REVENUE TO BE $2.15 BILLION - CONF CALL.FOR Q2, EXPECT NON-GAAP EARNINGS PER SHARE TO BE $1.49 - CONF CALL.  Full Article

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Dell gets shareholder approval for VMware deal

Dell Technologies Inc said on Tuesday it has received shareholder approval for its earlier announced deal to buy back shares tied to its interest in software maker VMware , paving the way for it to return to the market.