FAQs

In November 2011, IAC's Board of Directors declared a quarterly cash dividend of $0.12 per share of common and Class B common stock outstanding, which was paid on December 1, 2011 to stockholders of record as of the close of business on November 15, 2011.

In February 2012, IAC's Board of Directors declared a quarterly cash dividend of $0.12 per share of common and Class B common stock outstanding, which was paid on March 1, 2012 to stockholders of record as of the close of business on February 15, 2012.

In May 2012, IAC's Board of Directors declared a quarterly cash dividend of $0.12 per share of common and Class B common stock outstanding, which was paid on June 1, 2012 to stockholders of record as of the close of business on May 15, 2012.

In July 2012, IAC’s Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on September 1, 2012 to stockholders of record as of the close of business on August 15, 2012.

In October 2012, IAC’s Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on December 1, 2012 to stockholders of record as of the close of business on November 15, 2012.

In February 2013, IAC’s Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on March 1, 2013 to stockholders of record as of the close of business on February 15, 2013.

In May 2013, IAC’s Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on June 1, 2013 to stockholders of record as of the close of business on May 15, 2013.

In July 2013, IAC's Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on September 1, 2013 to stockholders of record as of the close of business on August 15, 2013.

In October 2013, IAC's Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which is due to be paid on December 1, 2013 to stockholders of record as of the close of business on November 15, 2013.

In February 2014, IAC’s Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on March 1, 2014 to stockholders of record as of the close of business on February 15, 2014.

In April 2014, IAC’s Board of Directors declared a quarterly cash dividend of $0.24 per share of common and Class B common stock outstanding, which was paid on June 1, 2014 to stockholders of record as of the close of business on May 15, 2014.

In July 2014, IAC's Board of Directors increased its quarterly cash dividend over 40% to $0.34 per share of common and Class B common stock outstanding, which was paid on September 1, 2014 to stockholders of record as of the close of business on August 15, 2014.

In October 2014, IAC's Board of Directors declared a quarterly cash dividend of $0.34 per share of common and Class B common stock outstanding, which is due to be paid on December 1, 2014 to stockholders of record as of the close of business on November 15, 2014.

In February 2015, IAC’s Board of Directors declared a quarterly cash dividend of $0.34 per share of common and Class B common stock outstanding, which was paid on March 1, 2015 to stockholders of record as of the close of business on February 15, 2015.

In April 2015, IAC’s Board of Directors declared a quarterly cash dividend of $0.34 per share of common and Class B common stock outstanding, which was paid on June 1, 2015 to stockholders of record as of the close of business on May 15, 2015.

In July 2015, IAC's Board of Directors declared a quarterly cash dividend of $0.34 per share of common and Class B common stock outstanding, which was paid on September 1, 2015 to stockholders of record as of the close of business on August 15, 2015.

Future declarations of dividends are subject to the determination of IAC's Board of Directors.

In October 2015, IAC's Board of Directors declared a quarterly cash dividend of $0.34 per share of common and Class B common stock outstanding, which is due to be paid on December 1, 2015 to stockholders of record as of the close of business on November 15, 2015.

In February 2016, following completion of the Match Group IPO and related debt transactions, IAC’s Board of Directors suspended the quarterly cash dividend program.

IAC did not have an IPO. The company was incorporated in 1986 under the name Silver King Broadcasting Company as a subsidiary of Home Shopping Network. In 1992, Silver King was spun-off to Home Shopping Network shareholders as a separately traded public company. In 1995, Barry Diller became Chairman and CEO of Silver King and over the past decade has led the company's transformation from a hybrid media / electronic retailing company into an interactive commerce company.

IAC common stock is traded on the NASDAQ Stock Market under the symbol IAC. The CUSIP number is 44919P 50 8.

As of October 23, 2015 there were 83.0 million absolute and 92.6 million fully diluted shares of IAC common stock outstanding.

IAC had approximately 5,000 employees as of December 31, 2015.

Computershare
480 Washington Boulevard, 29th Fl., Jersey City NJ 07310
800-524-4458

All personal shareholder information for shareholders holding shares in their own name (as opposed to through a broker or other representative) is handled by our transfer agent, Computershare (800-524-4458).

*immediately prior to the Expedia spin-off
**immediately following the spin-offs of HSN, Inc. ("HSNi"), Interval Leisure Group, Inc. ("ILG"), Ticketmaster, Tree.com, Inc. ("Tree.com")

No. Shares of IAC stock can be purchased through a broker or a stock purchase service.

Cost basis is different for every shareholder because it is based upon a number of factors, including when and at what price the shares were obtained, as well as adjustments resulting from corporate actions such as acquisitions, spin-offs, and stock splits that may have occurred during ownership. Accordingly, each shareholder should consult his or her tax advisor to determine their cost basis.

The requirements that must be satisfied in order to lift a restrictive legend differ depending upon when, how and from whom you acquired the restricted shares. Accordingly, requests to remove restrictive legends are evaluated on a case by case basis. To request assistance with the removal of a restrictive legend, please contact Investor Relations (212-314-7400), which will arrange for a member of IAC's Legal Department to contact you directly to discuss whether your restrictive legend can be lifted and, if so, what documentation will be required from you and/or your broker (and potentially other advisors, if applicable).

If your shares of IAC common stock are held through your broker, you need to contact him or her directly. If your shares are held in your own name (i.e., not through a broker), all account information, as well as assistance with transactions such as stock transfers, is available through our transfer agent, the Bank of New York (800-524-4458).

The Ask Jeeves Zero Coupon Convertible Subordinated Notes are due June 1, 2008. Each $1,000 in principal amount of notes is convertible into 37.4813 common shares of IAC (IAC) and 37.4813 common shares of Expedia, Inc. (EXPE). These terms reflect IAC's acquisition of Ask Jeeves on July 19, 2005, IAC's reverse 1-for-2 stock split and the spin-off of Expedia on August 9, 2005. For more information, see the IAC/Ask Jeeves proxy statement dated June 16, 2005 and the IAC/Expedia proxy statement dated June 20, 2005.

Immediately prior to the spin-off, IAC effected a one-for-two reverse stock split. For every two shares of IAC common stock owned prior to August 9, 2005, shareholders received one share of IAC common stock (IAC) and one share of Expedia common stock (EXPE).

On August 9, 2005, 100% of Expedia was spun off to shareholders of record as of August 8, 2005, ending IAC's ownership of Expedia.

While we cannot tell you how to calculate your cost basis for the reasons discussed below in "How do I determine the cost basis of my IAC shares?", the following data points should assist you with your calculation.

IAC and Expedia began trading as independent public companies on August 9, 2005. The opening prices of both stocks were determined by the August 8, 2005 closing prices of Expedia common stock in the "when-issued" market ($22.50) and by the closing price IAC common stock ($25.30), with the latter adjusted for the 1-for-2 reverse stock split and spin-off of Expedia [($25.30*2)-$22.50 = $28.10]. The resulting split in value between IAC and EXPE shares was approximately 56% and 44%, respectively.

IAC's spin-off of Expedia, Inc. was generally treated as a non-taxable event in the United States for federal tax purposes to holders of IAC common stock. IAC did not pursue a determination of eligibility for tax status in Canada or any other jurisdiction outside of the United States. Accordingly, each non-U.S. shareholder should consult his or her tax advisor to seek non-taxable status on an individual basis. For more information about the tax consequences of the spin-off, see the IAC/Expedia proxy statement dated June 20, 2005 (filed 6/17/05).

No. There are no fractional IAC shares, as each holder received one share of “new” IAC common stock for each share of “old” IAC common stock.

All Match stockholders will receive cash in lieu of fractional shares of post-Separation Match Group (after aggregating all fractional shares that would otherwise be issuable to such holder).

IAC’s common stock (CUSIP number 44891N109) began trading under the symbol “IAC” on The Nasdaq Global Select Market on July 1, 2020.

Match Group’s common stock (CUSIP number 57667L107) began trading under the symbol “MTCH” on The Nasdaq Global Select Market on July 1, 2020.

While we cannot tell you how to calculate the cost basis of your IAC and Vimeo shares after the Spin-Off, the following data points should assist you with your calculation. For every share of IAC that you owned prior to the Vimeo Spin-Off, you received 1.6235 Vimeo shares (the Spin-Off exchange ratio). The opening prices of the common stock of IAC and Vimeo on May 25, 2021 (the first date of regular way trading for both securities following the closing of transaction) were $173.77 and $47.15, respectively, for a resulting split in value between IAC and Vimeo of approximately 79% and 21%, respectively.

Cost basis is different for every stockholder because it is based upon a number of factors, including when and at what price the shares were initially obtained, as well as adjustments resulting from corporate actions (such as acquisitions, spin-offs and stock splits, among others) that may have occurred over the course of ownership. Accordingly, IAC stockholders should consult their tax advisors to determine the cost basis of their IAC and Vimeo shares.

IAC’s common stock continued trading (with a new CUSIP number 44891N 208) under the symbol “IAC” on The Nasdaq Global Select Market from and after May 25, 2021.

Vimeo’s common stock (CUSIP number 92719V 100) began trading under the symbol “VMEO” on The Nasdaq Global Select Market on May 25, 2021.