Company: ALIT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037820
Chunk: 96

Company: Alight, Inc. / Delaware
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 96
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 six months ended June 30, 2025.

Declaration DateDividends Per ShareTotal Payment (in millions)Record DatePayable DateFebruary 13, 2025$0.04$21March 3, 2025March 17, 2025April 30, 2025$0.04$22June 2, 2025June 16, 2025

On July 23, 2025, the Company announced that its Board of Directors approved the payment of a quarterly dividend in the amount of $0.04 per share of Class A Common Stock on September 15, 2025, to shareholders of record as of the close of business on September 2, 2025.

Cash on our balance sheet includes funds available for general corporate purposes. Funds held on behalf of clients in a fiduciary capacity are segregated and shown in Fiduciary assets on the Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024, with a corresponding amount in Fiduciary liabilities. Fiduciary funds are not used for general corporate purposes and are not a source of liquidity for us.

The following table provides a summary of cash flows from continuing operating, investing, and financing activities for the periods presented.

 Six Months Ended June 30,(in millions)20252024Cash provided by operating activities - continuing operations$159 $93 Cash provided by (used in) investing activities - continuing operations(57)(67)Cash used for financing activities - continuing operations(242)(244)

Operating Activities 

Net cash provided by operating activities was $159 million for the six months ended June 30, 2025 as compared to $93 million for the six months ended June 30, 2024. The increase in cash provided by operating activities was primarily due to changes in our net working capital requirements. 

Investing Activities

Cash used in investing activities was $57 million for the six months ended June 30, 2025 as compared to cash used in investing activities of $67 million for the six months ended June 30, 2024. The decrease in cash used in investing activities was primarily driven by a decrease in capital expenditures. 

Financing Activities

Cash used in financing activities for the six months ended June 30, 2025 was $242 million as compared to cash used in financing activities of $244 million for the six months ended June 30, 2024. The primary