Match Group Files 8-K on Operations & Financial Condition
Ticker: MTCH · Form: 8-K · Filed: Jan 30, 2024 · CIK: 891103
Complexity: simple
Sentiment: neutral
Topics: financial-condition, regulation-fd, corporate-governance
TL;DR
**Match Group just dropped an 8-K, likely a routine financial update.**
AI Summary
Match Group, Inc. filed an 8-K on January 30, 2024, to report on its results of operations and financial condition, as well as to make a Regulation FD disclosure and other events. This filing is a routine update, indicating that the company is providing current financial information to the public. For investors, this matters because it signals transparency and adherence to regulatory requirements, providing a snapshot of the company's operational health and financial standing, which can influence stock valuation.
Why It Matters
This filing provides a routine update on Match Group's financial health and operations, offering transparency to investors about its current standing.
Risk Assessment
Risk Level: low — This 8-K is a standard disclosure of operational and financial conditions, not indicating any immediate new risks or significant changes.
Analyst Insight
A smart investor would note this as a routine compliance filing and await the actual content of the financial results or disclosures mentioned to make informed decisions, as this filing itself doesn't contain specific financial figures.
Key Numbers
- 001-34148 — Commission File Number (Identifies Match Group's registration with the SEC.)
- 59-2712887 — IRS Employer Identification No. (Unique tax identification for Match Group.)
- 214-576-9352 — Business Phone Number (Contact information for Match Group.)
- $0.001 — par value per share (The nominal value of Match Group's Common Stock.)
Key Players & Entities
- Match Group, Inc. (company) — the registrant filing the 8-K
- January 30, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for Match Group, Inc.
- 001-34148 (dollar_amount) — Commission File Number
- 59-2712887 (dollar_amount) — IRS Employer Identification No.
- 8750 North Central Expressway, Suite 1400 Dallas, TX 75231 (company) — principal executive offices address
- 214-576-9352 (dollar_amount) — registrant's telephone number
- MTCH (company) — trading symbol for Common Stock
- The Nasdaq Stock Market LLC (Nasdaq Global Select Market) (company) — exchange on which securities are registered
FAQ
What is the purpose of Match Group, Inc.'s 8-K filing on January 30, 2024?
The 8-K filing by Match Group, Inc. on January 30, 2024, is intended to report on Results of Operations and Financial Condition, Regulation FD Disclosure, and Other Events, as stated in the 'ITEM INFORMATION' section of the filing.
What is the trading symbol and the exchange where Match Group, Inc.'s Common Stock is registered?
Match Group, Inc.'s Common Stock trades under the symbol MTCH and is registered on The Nasdaq Stock Market LLC (Nasdaq Global Select Market), as indicated in the 'Securities registered pursuant to Section 12(b) of the Act' table.
What is the state of incorporation for Match Group, Inc.?
Match Group, Inc. is incorporated in Delaware, as specified in the 'State or other jurisdiction of incorporation' field of the filing.
What is the business address of Match Group, Inc.?
The principal executive offices of Match Group, Inc. are located at 8750 North Central Expressway, Suite 1400, Dallas, TX 75231, according to the filing.
What is the par value of Match Group, Inc.'s Common Stock?
The par value of Match Group, Inc.'s Common Stock is $0.001, as stated in the 'Title of each class' column for Common Stock in the 'Securities registered pursuant to Section 12(b) of the Act' table.
Filing Stats: 590 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2024-01-30 16:15:45
Key Financial Figures
- $0.001 M — ich registered Common Stock, par value $0.001 MTCH The Nasdaq Stock Market LLC (Nasdaq
- $1.0 billion — new program for the repurchase of up to $1.0 billion in aggregate value of shares of Match G
Filing Documents
- mtch-20240130.htm (8-K) — 23KB
- mtch8-k20240130ex991.htm (EX-99.1) — 862KB
- a10a.jpg (GRAPHIC) — 84KB
- a11a.jpg (GRAPHIC) — 524KB
- a4aa.jpg (GRAPHIC) — 75KB
- a4ba.jpg (GRAPHIC) — 32KB
- a5aa.jpg (GRAPHIC) — 60KB
- a5ba.jpg (GRAPHIC) — 173KB
- a7a.jpg (GRAPHIC) — 52KB
- a9a.jpg (GRAPHIC) — 470KB
- bka.jpg (GRAPHIC) — 9KB
- gsa.jpg (GRAPHIC) — 4KB
- highlightsa.jpg (GRAPHIC) — 115KB
- mg_xlogoxhorizontalxaltxli.jpg (GRAPHIC) — 236KB
- mg_xlogoxverticalxlightbaca.jpg (GRAPHIC) — 571KB
- 0000891103-24-000005.txt ( ) — 4178KB
- mtch-20240130.xsd (EX-101.SCH) — 2KB
- mtch-20240130_lab.xml (EX-101.LAB) — 24KB
- mtch-20240130_pre.xml (EX-101.PRE) — 12KB
- mtch-20240130_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On January 30, 2024, Match Group, Inc. ("Match Group") published a shareholder letter, which included results for the quarter and year ended December 31, 2023. The full text of the shareholder letter, which is posted on the "Investor Relations" section of Match Group's website at https://ir.mtch.com and appears in Exhibit 99.1 hereto, is incorporated herein by reference. Exhibit 99.1 is being furnished under both Item 2.02 "Results of Operations and Financial Condition" and Item 7.01 "Regulation FD Disclosure."
01. Other Items
Item 8.01. Other Items. On January 30, 2024, the Board of Directors of Match Group approved a new program for the repurchase of up to $1.0 billion in aggregate value of shares of Match Group common stock (the "New Share Repurchase Program"). The New Share Repurchase Program replaces Match Group's existing share repurchase program. Under the New Share Repurchase Program, Match Group's shares of common stock may be purchased on a discretionary basis from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans. The New Share Repurchase Program may be commenced, suspended or discontinued at any time.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Shareholder Letter of Match Group, Inc., dated January 30, 2024. 104 Inline XBRL for the cover page of this Current Report on Form 8-K 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. MATCH GROUP, INC. By: /s/ Gary Swidler Gary Swidler President and Chief Financial Officer Date: January 30, 2024