Short answer
Liberty Latin America Ltd. (LILAK) filed an 8-K current report with the SEC on May 21, 2026 reporting Item 7.01 (Regulation FD Disclosure), Item 8.01 (Other Events). Special dividend: one Series A preferred share for every 10 common shares held on the committee-set record date.
Liberty Latin America Ltd. 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- Special dividend: one Series A preferred share for every 10 common shares held on the committee-set record date
- Series A shares carry a 9.0% fixed-rate cumulative perpetual dividend
- Preferred distribution increases recurring obligations ahead of common shareholders
- Exhibit 99.1 contains the record date and additional terms investors need for eligibility and valuation
Item 8.01 · Other Events
- Series A Preference Shares carry cumulative 9.0% annual dividends on a $25 liquidation price, payable quarterly beginning September 15, 2026
- Unpaid dividends capitalize into liquidation value, increasing the Company’s financial obligations and redemption cost
- Dividend restrictions block distributions, repurchases, and redemptions on Junior or Parity Stock while preference obligations remain unpaid
- Company may redeem shares beginning after the fifth anniversary, at liquidation price plus accrued dividends
- Six missed quarterly dividends trigger rights to elect two preferred directors, creating potential governance pressure for common shareholders
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Liberty Latin America Ltd. 8-K filings
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