VVI - Dividend announcements

Will Begin Trading Under New NYSE Ticker, PRSU, on January 2, 2025 Transitions Executive Leadership and Announces Changes to Board of Directors Completes Conversion of 5.5% Convertible Series A Preferred Stock Viad Corp (NYSE:VVI) ("Viad") today announced it has completed the sale of its GES business to Truelink Capital for $535 million and will relaunch as Pursuit Attractions and Hospitality, Inc. ("Pursuit"), a standalone attractions and hospitality company with a singular focus on delivering unforgettable experiences in iconic destinations. The total GES purchase price of $535 million comprises $510 million payable at closing, subject to customary adjustments for GES' levels of c

Viad Corp (NYSE:VVI) ("Viad" or the "Company") today announced that it achieved the Company's right to convert (the "Mandatory Conversion") all of its outstanding shares of Convertible Series A Preferred Stock (the "Preferred Stock"), which carries a dividend of 5.5%, and delivered a notice of Mandatory Conversion to Crestview Partners, the holder of the Preferred Stock. The Company's Mandatory Conversion right was achieved on December 6, 2024, as a result of Viad's common stock exceeding a volume-weighted-average price in excess of $42.50 for 20 out of 30 consecutive trading days. The Company has established December 31, 2024 as the effective date for the Mandatory Conversion, at which

A new integrated marketing solutions agency for the evolving brand experience and live events industries LAS VEGAS, March 30, 2022 /PRNewswire/ -- GES, a leading global provider of exhibition services, brand experiences and live event venue services introduces its newest venture Spiro™, an integrated marketing solutions agency. Spiro strengthens GES' abilities to manage traditional events and offers a new set of capabilities to deliver heightened experience dividends for the ways events have transformed. Spiro sees in-person, virtual and hybrid events alike as opportunities fo

GES Launches Spiro™  Expanding Virtual, Hybrid & Traditional Special Event Services of Leading Global Event Management Company LAS VEGAS, March 29, 2022 /PRNewswire/ -- There's a lot of focus on "the way things used to be" and "getting back to pre-2019," but neither conversation addresses the current state of events and experiences. Rather than reflecting on a world that was, or trying to predict what the future holds, GES, one of the world's leading live event companies is taking a major step toward embracing change, identifying new growth opportunities, and, ultimately, redefining what it means to "come together."

Business Activity is Increasing and Financial Position Remains Strong Advance bookings for lodging at Pursuit's Glacier Park and Alaska Collections are pacing ahead of 2019 Pursuit's collection of experiences is growing with three new attractions opening during the second and third quarters GES is preparing to service large-scale exhibitions beginning in June with its more variable cost structure Viad's total available liquidity was approximately $220 million as of March 31, 2021 Viad Corp (NYSE:VVI), a leading provider of experiential leisure travel and live events and marketing experiences, today reported financial results for the 2021 first quarter. The company continued its sh

PHOENIX--(BUSINESS WIRE)--Viad Corp (NYSE: VVI), a leading provider of experiential leisure travel and face-to-face events and marketing experiences, today reported financial results for the 2020 fourth quarter and full year. The company continued its sharp focus on cash flow management, while making important progress on initiatives that will position the company for stronger results in 2021 and beyond. Steve Moster, president and chief executive officer, commented, “Our industries have been some of the hardest hit by the COVID-19 pandemic, and I am extremely grateful for the tireless efforts of our team to help our company successfully navigate through this challenging period.