MSCI Inc. Files 8-K for Operations and Other Events
Ticker: MSCI · Form: 8-K · Filed: Oct 29, 2024 · CIK: 1408198
| Field | Detail |
|---|---|
| Company | Msci Inc. (MSCI) |
| Form Type | 8-K |
| Filed Date | Oct 29, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $1.5 billion, $1,905.4 million, $124.05 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-reporting, corporate-events
TL;DR
MSCI filed an 8-K, expect updates on financials and other biz events soon.
AI Summary
MSCI Inc. filed an 8-K report on October 29, 2024, to disclose information regarding its results of operations and financial condition, as well as other events. The filing does not contain specific financial figures or details about the nature of the events reported.
Why It Matters
This 8-K filing indicates MSCI Inc. is providing updates on its financial performance and other significant corporate events to the SEC and the public.
Risk Assessment
Risk Level: low — This is a standard SEC filing for reporting operational and financial information, not indicating any immediate negative events.
Key Players & Entities
- MSCI Inc. (company) — Registrant
- October 29, 2024 (date) — Date of Report
- 7 World Trade Center, 250 Greenwich Street, 49th Floor, New York, New York 10007 (address) — Principal Executive Offices
- 212-804-3900 (phone_number) — Registrant's telephone number
FAQ
What specific information is being reported under 'Results of Operations and Financial Condition'?
The filing does not provide specific details on the results of operations or financial condition, only that this item is being reported.
What are the 'Other Events' that MSCI Inc. is reporting?
The filing does not specify the nature of the 'Other Events' being reported.
When was this 8-K report filed?
The report was filed on October 29, 2024.
What is MSCI Inc.'s principal executive office address?
MSCI Inc.'s principal executive office is located at 7 World Trade Center, 250 Greenwich Street, 49th Floor, New York, New York 10007.
What is the purpose of an 8-K filing?
An 8-K filing is used to announce major corporate events that shareholders should know about, such as results of operations, financial condition, or other material events.
Filing Stats: 775 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-10-29 06:55:53
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share MSCI New York Stock Exchange
- $1.5 billion — stock with an aggregate value of up to $1.5 billion. This new program replaces and incorpor
- $1,905.4 million — aggregate value of up to approximately $1,905.4 million. The timing, price and volume of repu
- $124.05 — its common stock at an average price of $124.05 per share. Item 9.01 Financial Statem
Filing Documents
- msci-20241029.htm (8-K) — 29KB
- earningsrelease-20240930xf.htm (EX-99.1) — 1106KB
- 0001408198-24-000165.txt ( ) — 1317KB
- msci-20241029.xsd (EX-101.SCH) — 2KB
- msci-20241029_lab.xml (EX-101.LAB) — 22KB
- msci-20241029_pre.xml (EX-101.PRE) — 13KB
- msci-20241029_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On October 29, 2024 , MSCI Inc. (the "Registrant") released financial information with respect to its third quarter ended September 30, 2024. A copy of the press release containing this information is furnished as Exhibit 99.1 to this Current Report on Form 8-K (the "Report"). The Registrant's press release contains certain non-GAAP financial measures. Definitions of each non-GAAP financial measure, additional information about why management believes such non-GAAP measures are meaningful and reconciliations of these non-GAAP financial measures to the comparable GAAP financial measures are also contained in Exhibit 99.1. The information furnished under Item 2.02 of this Report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 - Other Events
Item 8.01 - Other Events On October 28, 2024, the Board of Directors of MSCI Inc. (the "Company"), authorized a new share repurchase program for the repurchase of shares of the Company's common stock with an aggregate value of up to $1.5 billion. This new program replaces and incorporates the remaining authorization under the Company's previous share repurchase program, authorized on July 28, 2022. As of October 28, 2024, when aggregated with the remaining amount under the prior program, the Company is authorized to repurchase shares of its common stock with an aggregate value of up to approximately $1,905.4 million. The timing, price and volume of repurchases will depend on market conditions, available capital resources, applicable securities laws and other factors. Repurchases may be made from time to time through one or more open market transactions or privately negotiated transactions, including, but not limited to, accelerated share repurchase transactions, trading plans or derivative transactions. Since the Company's first stock repurchase program announced in December 2012, the Company has repurchased a total of 50.3 million shares of its common stock at an average price of $124.05 per share.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description Exhibit 99.1 Press Release of the Registrant, dated October 29, 2024, containing financial information for the third quarter ended September 30, 2024. Exhibit 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL). SIGNATURE 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. MSCI Inc. Date: October 29, 2024 By: /s/ Henry A. Fernandez Name: Henry A. Fernandez Title: Chairman and Chief Executive Officer