secwatch.observer — SEC 8-K summary
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Issuer:     TTEC Holdings, Inc. (TTEC)
CIK:        0001013880
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001104659-24-114375
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

TTEC sells Colorado building for $45.5M, suspends dividend to reduce debt
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- Sold Englewood Building in Colorado to Catholic Health Initiatives for $45.5M; proceeds to reduce revolving credit line.
- Board suspended semi-annual cash dividend on Nov 4, 2024 to prioritize debt reduction from acquisitions.
- Plans to move principal executive offices from Colorado to Texas effective January 1, 2025; Denver center remains.
- Englewood Building was previously used as principal executive offices but not in business operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924114375/0001104659-24-114375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924114375/tm2427578d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-114375

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