JetBlue Announces Record And Payment Dates For October 2023 Additional Prepayment To Spirit Stockholders; Has Set October 25, 2023, As The Record Date For The October 2023 Prepayment To Spirit Stockholders Of $0.10 Per Spirit Share
Portfolio Pulse from Happy Mohamed
JetBlue Airways Corporation (JBLU) has announced the record and payment dates for the October 2023 additional prepayment to Spirit Airlines, Inc. (SAVE) stockholders. The record date is set for October 25, 2023, and the payment date is October 31, 2023. Spirit stockholders will receive $0.10 per share.
October 13, 2023 | 1:03 pm
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POSITIVE IMPACT
Spirit Airlines stockholders will receive an additional prepayment from JetBlue, which could potentially increase the value of Spirit shares.
The additional prepayment from JetBlue will increase the value received by Spirit stockholders, which could potentially increase the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
JetBlue's announcement of the additional prepayment to Spirit stockholders may impact its short-term financials.
The additional prepayment to Spirit stockholders will reduce JetBlue's cash reserves in the short term, which could potentially impact its stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100