GPGI, Inc. 8-K
Research Summary
AI-generated summary
GPGI, Inc. Declares $0.0025 Cash Dividend on Class A Shares
What Happened
GPGI, Inc. filed a Form 8-K on February 3, 2026 to report that its Board of Directors declared a cash dividend of $0.0025 per share on Class A common stock. The dividend is payable to shareholders of record as of February 13, 2026 and is expected to be paid on February 27, 2026. The announcement was made via a press release attached to the filing.
Key Details
- Declared dividend: $0.0025 per share of Class A common stock.
- Record date: February 13, 2026.
- Expected payment date: February 27, 2026.
- Announcement filed in Form 8-K (press release attached as Exhibit 99.1).
Why It Matters
This is a direct cash return to shareholders, though the per-share amount is very small. For investors, the declaration confirms the board’s decision to distribute cash rather than retain that amount for operations or other uses; the impact on individual investors depends on how many shares they hold. The filing itself is a routine disclosure required to inform the market of the dividend.