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International Speedway Corp (ISCA.OQ)

ISCA.OQ on NASDAQ Stock Exchange Global Select Market

42.49USD
20 Nov 2018
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Latest Key Developments (Source: Significant Developments)

NASCAR Makes Offer To Buy International Speedway Corporation
Friday, 9 Nov 2018 

Nov 9 (Reuters) - International Speedway Corp ::NASCAR MAKES OFFER TO ACQUIRE INTERNATIONAL SPEEDWAY CORPORATION.INTERNATIONAL SPEEDWAY CORP - NASCAR'S NON-BINDING OFFER TO ACQUIRE CO FOR $42.00 PER SHARE.INTERNATIONAL SPEEDWAY - INTENTION IS TO COMBINE ISC AND NASCAR AS ONE PRIVATELY-HELD GROUP OF COMPANIES WITH FRANCE FAMILY AS PRIMARY OWNERS.INTERNATIONAL SPEEDWAY - BOARD RECEIVED OFFER FROM NASCAR TO ACQUIRE SHARES FOR CASH PURCHASE PRICE OF $42/SHARE.INTERNATIONAL SPEEDWAY - BOARD HAS FORMED A SPECIAL COMMITTEE TO ACT ON BEHALF OF COMPANY TO CONSIDER PROPOSAL.INTERNATIONAL SPEEDWAY - NASCAR'S PROPOSAL LETTER INDICATES OUTCOME OF OFFER WILL NOT IMPACT FRANCE FAMILY'S INTEREST IN MAINTAINING OWNERSHIP IN ISC.INTERNATIONAL SPEEDWAY - FRANCE FAMILY IS NOT INTERESTED IN SELLING ITS SHARES OF ISC AT THIS TIME.  Full Article

International Speedway Agrees To Buy Assets Of Racing Electronics
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - International Speedway Corp ::INTERNATIONAL SPEEDWAY CORPORATION AGREES TO ACQUIRE THE ASSETS OF RACING ELECTRONICS.RACING ELECTRONICS WILL MAINTAIN ITS MANUFACTURING AND BUSINESS OPERATIONS FROM ITS CONCORD, NC HEADQUARTERS..BEGINNING JANUARY 1, 2019, ISC WILL ASSUME OPERATION OF RACING ELECTRONICS..  Full Article

International Speedway Q3 Earnings Per Share $0.27
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - International Speedway Corp ::INTERNATIONAL SPEEDWAY CORPORATION REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL 2018.Q3 EARNINGS PER SHARE $0.27.Q3 REVENUE $159.3 MILLION VERSUS $131.9 MILLION.Q3 EARNINGS PER SHARE VIEW $0.22 -- THOMSON REUTERS I/B/E/S.NARROWING 2018 FULL FISCAL YEAR NON-GAAP GUIDANCE.SEES 2018 FY NON-GAAP DILUTED EARNINGS PER SHARE BETWEEN $1.90 TO $1.95.SEES FY 2018 NON-GAAP REVENUE $675.0 MILLION TO $680.0 MILLION.  Full Article

International Speedway Announces Increase In Annual Dividend
Thursday, 12 Apr 2018 

April 12 (Reuters) - International Speedway Corp ::INTERNATIONAL SPEEDWAY CORPORATION ANNOUNCES AN INCREASE IN ITS ANNUAL DIVIDEND.SETS FY DIVIDEND OF $0.47PER SHARE.ANNUAL DIVIDEND FOR 2018 IS AN INCREASE OF 9.3% OVER ANNUAL DIVIDEND PAID IN 2017.  Full Article