UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
|
Date of Report (Date of earliest event reported) |
March 4, 2014 |
|
GAMESTOP CORP. |
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(Exact name of registrant as specified in its charter) |
|
Delaware |
1-32637 |
20-2733559 |
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(State or other jurisdiction |
(Commission |
(I.R.S. Employer |
|
of incorporation) |
File Number) |
Identification No.) |
|
625 Westport Parkway, Grapevine, TX |
76051 |
|
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(Address of principal executive offices) |
(Zip Code) |
|
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Registrant’s telephone number, including area code |
(817) 424-2000 |
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(Former name or former address, if changed since last report.) |
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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 |
Other Events. |
On March 4, 2014, GameStop Corp.’s Board of Directors authorized an increase in the Company’s annual cash dividend from $1.10 to $1.32 per common share, an increase of 20.0 percent. The Company also announced the declaration of its regular quarterly dividend of $0.33 per common share payable on March 25, 2014 to shareholders of record on March 17, 2014. This announcement was included in a press release distributed on March 4, 2014. A copy of the press release is attached hereto as Exhibit 99.1.
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Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
| 99.1 | Press Release issued by GameStop Corp., dated March 4, 2014. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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GAMESTOP CORP. |
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(Registrant) |
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Date: |
March 4, 2014 |
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/s/ Robert A. Lloyd |
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Name: |
Robert A. Lloyd |
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Title: |
Executive Vice President & |
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Chief Financial Officer |
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Table of Contents
GAMESTOP CORP.
EXHIBIT INDEX
|
Exhibit Number |
Description |
|
99.1 |
Press Release issued by GameStop Corp., dated March 4, 2014. |
Exhibit 99.1
GameStop Increases Annual Cash Dividend
Raises annual cash payout by 20%
GRAPEVINE, Texas--(BUSINESS WIRE)--March 4, 2014--GameStop Corp. (NYSE: GME), the world’s largest multichannel video game retailer, today announced that its Board of Directors approved a 20% increase of its regular annual cash dividend from $1.10 to $1.32 per share. The regular quarterly dividend of $0.33 per share will be payable on March 25, 2014 to all shareholders of record as of March 17, 2014.
Rob Lloyd, chief financial officer, said, “We are committed to driving long-term shareholder value through a disciplined capital allocation program. Since 2010, GameStop’s stock repurchases, debt buybacks and dividend payments have totaled more than $2.1 billion.”
About GameStop Corp.
GameStop Corp. (NYSE: GME), a Fortune 500 and S&P 500 company headquartered in Grapevine, Texas, is a global, multichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 6,600 stores across 15 countries. The company’s consumer product network also includes www.gamestop.com; www.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the world’s leading print and digital video game publication; www.buymytronics.com, an online consumer electronics trade-in platform; Simply Mac, the largest certified retailer of Apple’s full line of products; and Spring Mobile, an authorized dealer of AT&T wireless services.
General information about GameStop Corp. can be obtained at the company's corporate website. Follow GameStop on Twitter @ www.twitter.com/GameStop and find GameStop on Facebook @ www.facebook.com/GameStop.
CONTACT:
Matt Hodges
VP, Public & Investor Relations
GameStop
Corp.
817-424-2000
MattHodges@GameStop.com