For 25 years, through an unwavering commitment to innovation, Callaway Golf has helped more golfers experience the sweet sensation of striking the ball perfectly more often. Every day, we work to find new ways to deliver that ideal moment when everything comes together—the Pure shot. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf accessories, under the Callaway Golf, Odyssey, Ben Hogan and Top-Flite brands. From game-changing technologies like S2H2 and the revolu... More > |
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| Date | Title | | | 06/15/09 | Callaway Golf Announces Successful Completion of Private Offering of $140 Million of 7.50% Series B Cumulative Perpetual Convertible Preferred Stock; Initial Purchasers Exercise Over-allotment Option| CARLSBAD, Calif.--(BUSINESS WIRE)--Jun. 15, 2009--
Callaway Golf Company (NYSE: ELY) today announced that it has
successfully completed its offering of 1,250,000 shares of 7.50% Series
B Cumulative Perpetual Convertible Preferred Stock, $0.01 par value,
with a liquidation preference of $100 per share. In addition, the
Company announced that the initial purchasers exercised the option to
purchase an additional 150,000 shares of preferred stock to cove... |
|  | | 06/09/09 | Callaway Golf Increases Size of Private Offering and Announces Pricing of $125 Million of 7.50% Series B Cumulative Perpetual Convertible Preferred Stock| CARLSBAD, Calif.--(BUSINESS WIRE)--Jun. 9, 2009--
Callaway Golf Company (NYSE:ELY) today announced that it has priced and
increased by $15 million its previously announced private offering of
preferred stock. Callaway will issue $125 million principal amount of
7.50% Series B Cumulative Perpetual Convertible Preferred Stock, $0.01
par value, with a liquidation preference of $100 per share. The Company
also granted the initial purchasers a 30-day opti... |
| | | 06/08/09 | Callaway Golf Company Announces Dividend Reduction to Improve Cash Position and Reiterates 2009 Guidance| CARLSBAD, Calif., Jun 08, 2009 (BUSINESS WIRE) -- Callaway Golf Company (NYSE: ELY) announced today that its Board of
Directors has elected to reduce the second quarter dividend to $0.01 per
share, payable on July 15, 2009 to shareholders of record as of June 26,
2009. This represents a $0.06 reduction to the dividend declared and
paid on April 29, 2009, in the amount of $0.07 per share. This action
will allow the Company to retain an additional $15.2 mill... |
| | | 06/08/09 | Callaway Golf Announces Proposed Private Offering of $110 Million of Convertible Preferred Stock| CARLSBAD, Calif., Jun 08, 2009 (BUSINESS WIRE) -- Callaway Golf Company (NYSE:ELY) today announced its intention to offer,
subject to market and other conditions, shares of Series B Cumulative
Perpetual Convertible Preferred Stock, with a liquidation preference of
$100 per share, with an aggregate liquidation preference of $110
million, in a private offering to qualified institutional buyers
pursuant to Rule 144A under the Securities Act of 1933, as amende... |
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