UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. | Other Events. |
On September 13, 2019, Choice Hotels International, Inc. (the “Company”) issued a press release announcing that its board of directors (the “Board”) declared a cash dividend on the Company’s common stock of $0.215 per share. The dividend is payable on October 17, 2019, to stockholders of record on October 2, 2019.
In addition, the Company announced that the Board approved an increase in the Company’s common stock share repurchase program resulting in a total of 4 million shares now authorized for repurchase under the program.
A copy of the press release is furnished herewith as Exhibit 99.1.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit 99.1—Press Release issued by Choice Hotels International, Inc., dated September 13, 2019
Exhibit 104—Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CHOICE HOTELS INTERNATIONAL, INC. | ||||||
Date: September 13, 2019 |
/s/ Dominic E. Dragisich | |||||
Dominic E. Dragisich | ||||||
Chief Financial Officer |