UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company 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 25, 2020, 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 October 28, 2020 to all shareholders of record as of October 12, 2020. 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, statutory requirements of Bermuda law, and other factors that the Board of Directors may deem relevant.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. |
99.1 | Press Release dated September 25, 2020, titled “Marvell Technology Group Ltd. Declares Quarterly Dividend Payment” | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MARVELL TECHNOLOGY GROUP LTD. | ||||||
Date: September 25, 2020 | By: | /s/ Jean Hu | ||||
Jean Hu | ||||||
Chief Financial Officer |
Exhibit 99.1
Marvell Technology Group Ltd. Declares Quarterly Dividend Payment
Santa Clara, Calif. (September 25, 2020) Marvell Technology Group Ltd. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 28, 2020 to shareholders of record as of October 12, 2020.
About Marvell
To deliver the data infrastructure technology that connects the world, were building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the worlds leading technology companies for 25 years, we move, store, process and secure the worlds data with semiconductor solutions designed for our customers current needs and future ambitions. Through a process of deep collaboration and transparency, were ultimately changing the way tomorrows enterprise, cloud, automotive, and carrier architectures transformfor the better.
Marvell® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.
For further information, contact:
Ashish Saran
Vice President, Investor Relations
408-222-0777
ir@marvell.com
Document and Entity Information |
Sep. 25, 2020 |
---|---|
Cover [Abstract] | |
Entity Registrant Name | MARVELL TECHNOLOGY GROUP LTD |
Entity Address, Country | BM |
Amendment Flag | false |
Entity Central Index Key | 0001058057 |
Document Type | 8-K |
Document Period End Date | Sep. 25, 2020 |
Entity Incorporation State Country Code | D0 |
Entity File Number | 0-30877 |
Entity Tax Identification Number | 77-0481679 |
Entity Address, Address Line One | Canon’s Court |
Entity Address, Address Line Two | 22 Victoria Street |
Entity Address, City or Town | Hamilton |
Entity Address, Postal Zip Code | HM 12 |
City Area Code | (441) |
Local Phone Number | 296-6395 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Shares |
Trading Symbol | MRVL |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
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