Booking Holdings — Apr 29, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001075531-25-000021
Showing in the filing
Cash dividend declared
“$9.60 per share”
Period
Q2 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 2
Cash dividend for Q2 FY2025
“$9.60 per share”
Cash dividend declared for Q2 FY2025
“$9.60 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Gross bookings is an operating and statistical metric that captures the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations. Exhibit 99.1
Additional Highlights Active Return of Capital to Shareholders Second Quarter Dividend ● Our Board of Directors declared a cash dividend of $9.60 per share, payable on June 30, 2025 to stockholders of record as of the close of business on June 6, 2025. Stock Repurchase Program ● We repurchased $1.8 billion of stock under our authorized stock repurchase program in the quarter ended March 31, 2025. Our total remaining stock repurchase authorization was $25.9 billion as of March 31, 2025. Discrete Items ● During the quarter ended March 31, 2025, the Netherlands pension fund matter was resolved resulting in a reduction to the related accruals. The impact of the reduction related to 2023 and earlier years, of $129 million, has been excluded from Adjusted Net income and Adjusted EBITDA for the quarter ended March 31, 2025. When the liability related to these years was initially recorded in the Company's Consolidated Financial Statements for 2023, its impact was excluded from the Non-GAAP results for that year. First Quarter 2025 vs. 2024 2 Top Line Metrics ● Alternative accommodation room nights at Booking.com increased by a low double digits percentage ● Constant Currency ADRs increased 1%(1) ● Gross bookings increased 7% and revenues increased 8% Margins ● Net Income margin of 7.0% (17.6% in Q1 2024) ● Adjusted EBITDA margin of 22.9% (20
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.