SOUTHLAKE, Texas, Feb 1, 2005 (BUSINESS WIRE) — Sabre Holdings Corporation (NYSE: TSG) announced that its Board of Directors increased the company’s cash dividend by 20 percent to $0.09 per share of common stock from $0.075 per share. The dividend is payable on February 28, 2005 to shareholders of record at the close of regular trading on the NYSE on February 11, 2005.
It is the company’s intention to pay a comparable quarterly dividend going forward, subject to financial ability and a determination by the Board that cash dividends continue to be in the best interest of the company and its shareholders.
Statements in this release which are not purely historical facts, including statements about possible future dividends, or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to Sabre Holdings on the date this release was issued. Sabre Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to Sabre Holdings revenues being highly dependent on the travel and transportation industries, the financial condition of travel suppliers, and geopolitical developments, such as the possibility of additional terrorist attacks. Sabre Holdings may not succeed in addressing these and other risks. Further information regarding factors that could affect our financial and other results can be found in the risk factors section of our most recent filing on Form 10-Q with the Securities and Exchange Commission.
SOURCE: Sabre Holdings Corporation
Sabre Holdings Corporation Media: Michael Berman, 682-605-2397 or Investor Relations: Karen Fugate, 682-605-2343
