Actua Corporation's Stockholders' Equity

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Actua Corporation's Stockholder's Equity

Actua Corporation's Stockholders' Equity

Holders of Actua’s Common Stock are entitled to one vote per share and are entitled to dividends as declared. No cash dividends have been declared to date, and Actua does not intend to pay cash dividends in the foreseeable future. Any future dividend will be subject to approval by Actua's Board of Directors (the "Board") and the Board reserves the right to change the dividend policy at any time.

Actua may establish one or more classes or series of preferred stock. The holders of the preferred stock may be entitled to preferences over common stockholders with respect to dividends, liquidation, dissolution, or winding up of Actua, as established by Actua’s Board. As of December 31, 2016 and 2015, 10,000,000 shares of preferred stock were authorized; none of these shares have been issued, and Actua does not have any plan to issue any of those shares in the foreseeable future.