OPEN TEXT CORP : Results of Operations and Financial Condition (form 8-K)

Item 2.02 Results of Operations and Financial Condition

The following information is furnished pursuant to Item 2.02, "Results of Operations and Financial Condition." On January 30, 2020, Open Text Corporation (the "Company") issued a press release announcing its financial results for the quarter ended December 31, 2019. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K. Item 8.01 Other Events

The following information is filed pursuant to Item 8.01 "Other Events" Cash Dividends Pursuant to the Company's dividend policy, the Board of Directors of the Company has declared a dividend of $0.1746 per Common Share, payable on March 20, 2020, to the shareholders of the Company of record on February 28, 2020. The declaration, payment and amount of any future dividends will be made pursuant to the Company's dividend policy and is subject to final determination each quarter by the Board of Directors in its discretion based on a number of factors that it deems relevant, including the Company's financial position, results of operations, available cash resources, cash requirements and alternative uses of cash that the Board of Directors may conclude would be in the best interest of the shareholders of the Company. Payment of dividends is also subject to relevant contractual limitations, including those in the Company's existing credit agreements. Accordingly, there can be no assurance that any future dividends will be equal or similar in amount to any dividends previously paid or that the Board of Directors will not decide to reduce, suspend or discontinue the payment of dividends in the future. Item 9.01 Financial Statements and Exhibits

(d) Exhibits



Exhibit
  No.      Description


99.1       Press release of financial results issued by Open Text Corporation on
           January 30, 2020
101.INS    XBRL instance document - the instance document does not appear in the
           Interactive Data File because its XBRL tags are embedded within the
           Inline XBRL document.
101.SCH    Inline XBRL taxonomy extension schema.
101.CAL    Inline XBRL taxonomy extension calculation linkbase.
101.DEF    Inline XBRL taxonomy extension definition linkbase.
101.LAB    Inline XBRL taxonomy extension label linkbase.
101.PRE    Inline XBRL taxonomy extension presentation.
104        Cover Page Interactive Data File (embedded within the Inline XBRL
           document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses