Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
TIPT > SEC Filings for TIPT > Form 8-K on 8-Nov-2016All Recent SEC Filings

Show all filings for TIPTREE FINANCIAL INC.

Form 8-K for TIPTREE FINANCIAL INC.


8-Nov-2016

Results of Operations and Financial Condition, Financial Statements and Ex


Item 2.02 Results of Operations and Financial Condition.

On November 8, 2016, Tiptree Financial Inc. (the "Company" or "Tiptree") issued a press release announcing its results of operations for the quarter ended September 30, 2016. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 7, 2016, Patrick Huvane informed the Board of Directors of the Company (the "Board") of his resignation as Chief Accounting Officer of the Company, effective immediately. Mr Huvane will continue as Chief Accounting Officer of the Company's subsidiary, Care Investment Trust LLC. Item 7.01 Regulation FD Disclosure.

Included in the press release furnished as Exhibit 99.1 was an announcement that the board of directors of the Company has declared a cash dividend of $0.025 per share to Tiptree's Class A stockholders and Tiptree Financial Partners, L.P.'s limited partners on an as exchanged basis, with a record date of November 21, 2016 and a payment date of November 28, 2016.

On November 8, 2016, the Company posted an investor presentation dated November 2016 on the Investor Resources section of www.tiptreefinancial.com. The investor presentation is furnished as Exhibit 99.2 to this Form 8-K and incorporated herein by reference. The Tiptree Financial Inc. website is not intended to function as a hyperlink, and the information contained on such website is not a part of this Form 8-K.

The information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1 and 99.2, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section. Furthermore, the information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1 and 99.2, shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 8.01 Other Events.

On November 7, 2016, the Board authorized the Company or its subsidiaries to purchase up to $10 million of Class A common stock in the aggregate at the discretion of the Company's Executive Committee. The Company expects the share purchases to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws and regulations. The timing of the share purchases will depend on a variety of factors, including market conditions, and the Company may purchase less than the aggregate dollar amount of Class A common stock indicated above.

The above authorization replaces the prior authorization the Board granted the Company on August 4, 2016 to purchase up to $10 million of Class A common stock in the aggregate at the discretion of the Company's Executive Committee.



Item 9.01 Financial Statements and Exhibits.

(d) List of Exhibits:

99.1 Tiptree Financial Inc. press release, dated November 8, 2016
99.2 Tiptree Financial Inc. Investor Presentation - Third Quarter 2016


  Add TIPT to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for TIPT - All Recent SEC Filings
Copyright © 2017 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.