Company: ALIT
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001809104-25-000062
Chunk: 278

Company: Alight, Inc. / Delaware
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 278
---
1456,282,8814,990,4534,990,45377,459,6875,595,577—Conversion of noncontrolling interest13,978,222——(13,978,222)——Shares granted upon vesting1,929,035—————Issuance for compensation to non-employees(1)73,208—————Share repurchases(1,506,385)————1,506,385Balance at December 31, 2022470,756,9614,990,4534,990,45363,481,4655,595,5771,506,385Conversion of noncontrolling interest34,519,247——(34,519,247)——Shares granted upon vesting7,129,735———(2,175,362)—Issuance for compensation to non-employees(1)83,203—————Share repurchases(4,921,468)————4,921,468Share forfeitures—(39,218)(39,218)———Balance at December 31, 2023507,567,6784,951,2354,951,23528,962,2183,420,2156,427,853Conversion of noncontrolling interest28,987,597——(28,987,597)——Shares granted upon vesting17,316,47863,86863,868535,616(3,420,215)—Issuance for compensation to non-employees (1)159,826—————Share repurchases(22,327,717)————22,327,717Share forfeitures—(36,296)(36,296)———Balance at December 31, 2024531,703,8624,978,8074,978,807510,237—28,755,570_______________________________________________________(1)Issued to certain members of the Board of Directors in lieu of cash retainer. DividendsIn 2024, our Board of Directors approved a new quarterly dividend program. The Company intends to continue paying regular cash dividends on a quarterly basis. Any decision to declare and pay dividends in the future will be made at the sole discretion of our Board of Directors, whose decision will depend on, among other things, our results of operations, cash requirements, financial condition, contractual restrictions and other factors that our Board of Directors may deem relevant. On November 12, 2024, our Board of Directors