March 17, 2020 / 9:09 PM / 17 days ago

BRIEF-Sabre To Suspend Payment Of Qtrly Cash Dividends On Co's Common Stock

March 17 (Reuters) - Sabre Corp:

* SABRE - BOARD VOTED TO SUSPEND PAYMENT OF QTRLY CASH DIVIDENDS ON CO’S COMMON STOCK

* SABRE - SUSPENDED ITS SHARE REPURCHASE PROGRAM AS PART OF ITS CASH MANAGEMENT MEASURES

* SABRE - VOTED TO SUSPEND PAYMENT OF QTRLY CASH DIVIDENDS TO BETTER MANAGE CASH POSITION IN LIGHT OF CURRENT MARKET CONDITIONS CAUSED BY COVID-19

* SABRE - UNDER AMENDED TERMS, MAY SUSPEND FINANCIAL COVENANT RELATED TO LEVERAGE RATIO IF TRAVEL EVENT DISRUPTION OCCURS Source text for Eikon: (bit.ly/33r1RnP) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below