Expedia, Inc. Announces Special Dividend
BELLEVUE, Wash., Dec. 7, 2012
BELLEVUE, Wash., Dec. 7, 2012 /PRNewswire/ -- Expedia, Inc. (NASDAQ: EXPE)
announced that its Executive Committee, acting on behalf of Expedia's Board of
Directors, has declared a special cash dividend of $0.52 per share of
outstanding common stock to be paid to stockholders of record as of the close
of business on December 17, 2012, with a payment date of December 28, 2012.
Based on Expedia's current shares of common stock outstanding, we estimate the
total payment for this special dividend will be approximately $70 million.
The special dividend is in addition to the Company's regular quarterly cash
dividend of $0.13 per share to holders of Expedia's common stock as of the
close of business on November 16, with a payment date of December 7, 2012.
About Expedia, Inc.
Expedia, Inc. is thelargestonline travel companyin the world, with an
extensive brand portfolio that includes some of the world's leading online
travel brands, including:
oExpedia.com^®, the world's largest full service online travel agency, with
localized sites in 30 countries
oHotels.com^®, the hotel specialist with sites in more than 60 countries
oHotwire^®, a leading discount travel site that offers opaque deals in nine
countries on its eight sites in North America and Europe
oEgencia^®, the world's fifth largest corporate travel management company
oeLong^™, the second largest online travel company in China
oVenere.com^®, the online hotel reservation specialist in Europe
oExpedia Local Expert^®, a provider of in-market concierge services,
activities and experiences in 18 markets worldwide
oClassic Vacations^®, a top luxury travel specialist
The company delivers consumers value in leisure and business travel,
drivesincremental demandand direct bookings totravel suppliers, and
provides advertisers theopportunityto reacha highly valuable audience
ofin-market travel consumers through Expedia^® Media Solutions. Expedia also
powers bookings for some of the world's leading airlines and hotels, top
consumer brands, high traffic websites, and thousands of active affiliates
through Expedia^®Affiliate Network.For corporate and industry news and views,
visit us at www.expediainc.com or follow us on Twitter @expediainc.
Trademarks and logos are the property of their respective owners. © 2012
Expedia, Inc. All rights reserved. CST: 2029030-50
SOURCE Expedia, Inc.
Contact: Investor Relations ,+1-425-679-3555, email@example.com, Communications,
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