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VMware Inc (VMW.N)

VMW.N on New York Stock Exchange

152.04USD
15 Aug 2018
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$-0.21 (-0.14%)
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Latest Key Developments (Source: Significant Developments)

VMware Announces One-Time Special Dividend To Stockholders
Monday, 2 Jul 2018 

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 

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
Saturday, 2 Jun 2018 

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
Friday, 1 Jun 2018 

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

Okta And VMware Announce Partnership, Integration Between VMware Workspace One And Okta Identity Cloud
Wednesday, 23 May 2018 

May 23 (Reuters) - Okta Inc ::OKTA AND VMWARE ANNOUNCE PARTNERSHIP TO DELIVER ADVANCED IDENTITY CAPABILITIES FOR THE DIGITAL WORKSPACE.VMWARE INC - CO, OKTA ANNOUNCED A PARTNERSHIP AND INTEGRATION BETWEEN VMWARE WORKSPACE ONE AND OKTA IDENTITY CLOUD.  Full Article

Dell Has Started Talking To Holders Of Its VMware Tracking Stock To Gauge Interest In Merger With VMware - CNBC
Friday, 18 May 2018 

May 18 (Reuters) - :DELL HAS STARTED TALKING TO HOLDERS OF ITS VMWARE TRACKING STOCK TO GAUGE INTEREST IN A MERGER WITH VMWARE - CNBC, CITING SOURCES.DELL REMAINS BULLISH ON VMWARE'S FUTURE, WANTS TO OWN AS MUCH OF THE STOCK AS POSSIBLE - CNBC, CITING SOURCES.  Full Article

Uber's leading CFO candidate, Zane Rowe, recently indicated he will turn down job - WSJ
Saturday, 12 May 2018 

May 11 (Reuters) - :UBER'S LEADING CFO CANDIDATE, VMWARE INC CFO ZANE ROWE, RECENTLY INDICATED HE WILL TURN DOWN JOB - WSJ, CITING SOURCES.  Full Article

Uber Selects VMware's Zane Rowe As CFO To Execute IPO Plans - Bloomberg
Thursday, 19 Apr 2018 

April 18 (Reuters) - :UBER SELECTS VMWARE'S ZANE ROWE AS CFO TO EXECUTE IPO PLANS - BLOOMBERG, CITING SOURCES.  Full Article

Carl Icahn Has Taken A 'Medium'-Sized Stake In VMware - CNBC
Wednesday, 18 Apr 2018 

April 17 (Reuters) - :CARL ICAHN HAS TAKEN A 'MEDIUM'-SIZED STAKE IN VMWARE - CNBC, CITING SOURCES.ACTIVIST INVESTOR CARL ICAHN HAS ACQUIRED A MEDIUM-SIZED STAKE IN VMWARE THAT IS BELOW THE 5 PERCENT DISCLOSURE THRESHOLD - CNBC.  Full Article

Jericho Capital Sends Letter To Independent Directors Of VMware
Monday, 12 Mar 2018 

March 12 (Reuters) - VMware Inc ::JERICHO CAPITAL SENDS LETTER TO INDEPENDENT DIRECTORS OF VMWARE.JERICHO CAPITAL SAYS BENEFICIALLY OWNS ABOUT 1.8 PERCENT OF OUTSTANDING CLASS A COMMON STOCK OF VMWARE.‍JERICHO CAPITAL SAYS BELIEVES VMWARE​'S POTENTIAL REVERSE MERGER WITH DELL WILL "LEAD TO SIGNIFICANT SHAREHOLDER VALUE DESTRUCTION".JERICHO CAPITAL SAYS ASK THAT INDEPENDENT MEMBERS OF BOARD OF VMW REJECT ANY PROPOSAL FOR REVERSE MERGER WITH DELL.  Full Article

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Dell moves to go public, spurns IPO

Dell Technologies Inc said on Monday it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc, returning the computer maker to the stock market without an initial public offering. | Video