DIS - Dividend announcements

The Walt Disney Company (NYSE:DIS) Board of Directors today declared a cash dividend of $1.00 per share. This represents a 33% increase over the $0.75 per share paid to shareholders during fiscal year 2024. The dividend will be paid in two installments of $0.50 per share, according to the following record and payable dates: Record Dates Payable Dates December 16, 2024 January 16, 2025 June 24, 2025 July 23, 2025 "It's been a highly successful year for The Walt Disney Company, stemming from the extensive strategic work across the company to improve quality, innovation, efficiency, and value creation," said Robert A. Iger, Chief Executive Officer

CalPERS and Neuberger Berman Vote "For" Nelson Peltz and Jay Rasulo, Citing the Need for "Fresh Eyes" and "More Independence" in Disney's Boardroom Follows Support from Other Independent Third Parties, Including Yacktman Asset Management and Proxy Advisory Firms Institutional Shareholder Services and Egan-Jones NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE:DIS), today announced that two respected institutional investors, the California Public Employees' Retirement System (CalPERS), the country's largest public pension fund, and Neuberger Berman, a global asset manager, have exp

The opportunity to protect your investment is running short! Vote electronically TODAY to ensure your shares are represented at the April 3rd Annual Meeting. The Walt Disney Company (NYSE:DIS) today urged shareholders to protect their investment and the future of the Company by making sure their votes are in on the WHITE proxy card in support of ONLY Disney's 12 director nominees (and not the Trian Group or Blackwells nominees). Disney encourages ALL shareholders to vote their shares online or by telephone no later than 11:59 p.m. Eastern Time on April 2, 2024. Instructions to vote by internet or telephone can be found on the WHITE proxy card. Disney has the right strategy to drive pr

Emphasizes that the Election Contest is About Board Oversight, Not About Bob Iger Highlights its Candidates' Extensive Track Records of Constructive Engagement with Corporate Boards and Management Teams NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE:DIS), today reaffirmed its call for change in the composition of the Board of Directors of Disney and the commitment of its nominees, Nelson Peltz and Jay Rasulo, to work constructively with the Company's Board and leadership team to drive long-term, sustainable value creation. Trian believes that Disney is the most advantaged consumer

ISS recommends Disney shareholders vote "FOR" 11 of Disney's director nominees, recognizing "positive changes" to the Board and the "relevant experiences and business insights" of Disney's directors ISS recommendation fails to acknowledge the diverse set of skills and experience on Disney's Board, including significant value added by Maria Elena Lagomasino Disney urges shareholders to protect the value of their investment and vote FOR all 12 of Disney's Director Nominees – including Maria Elena Lagomasino – on the WHITE proxy card The Walt Disney Company (NYSE:DIS) today commented on a report published by Institutional Shareholder Services (ISS) in connection with the election of the

Glass Lewis recommends Disney shareholders "WITHHOLD" on the Trian Group and Blackwells nominees Glass Lewis highlights Disney's clear strategy, "measurable shifts" in the trajectory of Disney's business since Bob Iger's return, and strong recent additions to the Board among other things Disney's Board of Directors urges shareholders vote the WHITE proxy card for only Disney's 12 nominees and not the Trian Group or Blackwells nominees The Walt Disney Company (NYSE:DIS) announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. (Glass Lewis) today recommended shareholders vote the WHITE proxy card in support of all of Disney's 12 director nominees

Expresses disappointment in the mudslinging tone and content of Disney's communications, and notes that Disney is attempting to sidestep the longstanding performance issues at the Company Notes that Disney's most prominent supporters have been paid tens of millions of dollars by Disney Calls upon Disney shareholders to support change by electing Nelson Peltz and Jay Rasulo NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. has nominated two candidates, Nelson Peltz and Jay Rasulo, for election to the Board of Directors of The Walt Disney Company (NYSE:DIS). Trian opposes the reelection of two of Disney's incumbent directors, Michael B.G. Froman and Maria Elen

Describes Years of Board Failure on Core Responsibilities and Outlines Initiatives to Restore the Magic Highlights Need for Adding Nelson Peltz and Jay Rasulo as Experienced, Independent Directors Aligned with Shareholders NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns $3.5 billion of common stock in The Walt Disney Company (NYSE:DIS), today issued a comprehensive assessment of Disney that links years of failed oversight concerning governance, executive compensation, succession and strategy by Disney's Board of Directors to the Company's chronic underperformance. This White Paper also provides information about the qualifications and insights of Tr

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns $3.5 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today released a letter to its fellow Disney shareholders. The full text of the letter is below and available to view online at: https://restorethemagic.com/02-12-24/. February 12, 2024 Dear Fellow Walt Disney Company Shareholder: Disney has lost money for its shareholders over a long period of time.2 A year ago, faced with a proxy contest that sought to bring accountability for these failures, Disney attempted to assure shareholders that a "significant transformation"3 was underway. In early 2023, Disney

Disney's 2024 Annual Meeting will be held on April 3, 2024 Board Urges Shareholders to Vote the WHITE Card FOR only Disney's 12 Nominees Board Believes Trian Group and Blackwells Nominees Would Hinder Disney's Transformation Efforts The Walt Disney Company (NYSE:DIS) today sent a letter to shareholders outlining the strength of the Board of Directors and its oversight of Disney's strategy and management team as the Company navigates a new era of building that will drive meaningful growth and shareholder value creation well into the future. Disney's Board of Directors urges shareholders to protect their investment and the future of the Company by voting the WHITE proxy card for only

Sends Letter to Disney Shareholders Highlighting Need for Enhanced Director Focus, Alignment and Accountability and Asking its Owners to Vote for Change to Ensure a Better Future Urges Shareholders to Vote "FOR" Nelson Peltz and James A. ("Jay") Rasulo on the BLUE Proxy Card NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today filed its definitive proxy statement with the Securities and Exchange Commission in connection with its nomination of Nelson Peltz and James A. ("Jay") Rasulo for election to the Disney Board of Directors (the "Board") at the Comp

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our", "we" or "us"), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today filed a preliminary proxy statement with the Securities and Exchange Commission ("SEC") in connection with its nomination of Nelson Peltz and James A. ("Jay") Rasulo for election to the Disney Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). "It is unfortunate that a company as iconic as Disney and with so many challenges and opportunities has refused to seriously engage

The Walt Disney Company (NYSE:DIS) Board of Directors today announced a cash dividend of $0.30 per share in respect of the second half of fiscal year 2023, payable January 10, 2024 to shareholders of record at the close of business on December 11, 2023. "This has been a year of important progress for The Walt Disney Company, defined by a strategic restructuring and a renewed focus on long-term growth," said Mark Parker, Chairman of the Board. "As Disney moves forward with its key strategic objectives, we are pleased to declare a dividend for our shareholders while we continue to invest in the company's future and prioritize meaningful value creation." About The Walt Disney Company The

The following is a statement by Ike Perlmutter, former Chairman of Marvel Entertainment and the largest individual shareholder of The Walt Disney Co. (NYSE:DIS) explaining the reason he believes he ended his working relationship with the company on March 29, 2023. "I have long expected that my working relationship with Disney would end. That it should come as a result of my trying to help Disney improve its business should sadden many shareholders as it does me, the company's largest individual shareholder. Despite my employment termination, I will continue to hold my shares of Disney and continue to seek improvements at the company for the benefit of all stakeholders. "Anyone who knows

Trian Fund Management, L.P. ("Trian"), whose investment funds collectively own approximately 9.4 million common shares of The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company") valued at approximately $1 billioni, today issued the following statement: "We congratulate Disney and Bob Iger on their recently announced operating initiatives, which are a win for all shareholders and broadly align with our thinking. We are pleased with the role that Trian was able to play in helping to focus the Board to take decisive actions which we believe will lead to better financial results. We were also pleased to see the Company's pledge to restore the dividend. Accordingly, we are withdrawing o

Sends Letter to Shareholders Urging a Vote "FOR" Nelson Peltz and to "WITHHOLD" on Michael B.G. Froman at the Upcoming Annual Shareholders Meeting Files Definitive Proxy Statement Trian Fund Management, L.P. ("Trian"), whose investment funds collectively own approximately 9.4 million common shares of The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company") valued at approximately $1 billioni, sent a letter and proxy statement to its fellow Disney shareholders highlighting that: Disney lost over $120 billion of its market value in 2022ii Disney's earnings per share have declined by 50% since 2018iii Disney eliminated its dividend in 2020 for the first time in 57 years In the

Will File Preliminary Proxy Statement for Disney's 2023 Annual Meeting Shareholder Materials Available at RestoreTheMagic.com Trian Fund Management, L.P. ("Trian"), whose investment funds collectively own approximately 9.4 million common shares of The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company") valued at approximately $900 millioni, tomorrow will file a preliminary proxy statement with the Securities and Exchange Commission for the election of Nelson Peltz, its Chief Executive Officer and Founding Partner, to Disney's Board of Directors at the 2023 Annual Meeting of Shareholders. This press release features multimedia. View the full release here: https://www.businesswire.co

Third Point Seeks Constructive Engagement with Disney on Numerous Issues Third Point LLC (LSE:TPOU) ("Third Point"), a New York-based investment firm managing approximately $14 billion in assets today sent a letter to Disney (NYSE:DIS) CEO Bob Chapek, the full text of which is below. Mr. Robert A. Chapek Chief Executive Officer The Walt Disney Company 500 S. Buena Vista Street Burbank, CA 91521 August 15, 2022 Dear Bob: Congratulations on a terrific quarter and positive momentum in Parks, ESPN, and media and entertainment. We were particularly pleased to see the strength in DTC subscriber growth, the key driver of Disney's long-term transformation towards less volatile, ultimately high

The Walt Disney Company (NYSE:DIS) today reported earnings for its second fiscal quarter ended April 3, 2021. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.50 from $0.26 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter increased 32% to $0.79 from $0.60 in the prior-year quarter. EPS from continuing operations for the six months ended April 3, 2021 decreased 64% to $0.52 from $1.43 in the prior-year period. Excluding certain items(1), EPS for the six months decreased 48% to $1.11 from $2.13 in the prior-year period. Results for the quarter and six months ended April 3, 2021 were adversely impacted by the novel co

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) today reported earnings for its first fiscal quarter ended January 2, 2021. Diluted earnings per share (EPS) from continuing operations for the quarter decreased 98% to $0.02 from $1.17 in the prior-year quarter. Excluding certain items,(1) diluted EPS for the quarter decreased 79% to $0.32 from $1.53 in the prior-year quarter. Results in the quarter ended January 2, 2021 were adversely impacted by the novel coronavirus (COVID-19). The most significant impact was at the Disney Parks, Experiences and Products segment where since late in the second quarter of fiscal 2020, our parks and resorts have been closed or op