ClearOne Clarified Ex-Dividend Date for Special One-time Cash Dividend
12 Maggio 2023 - 12:12AM
Business Wire
ClearOne (NASDAQ: CLRO) today clarified that the ex-dividend
date will be June 1, 2023 for ClearOne’s previously announced
one-time special cash dividend of $1.00 per share of ClearOne
common stock, payable on May 31, 2023 to shareholders of record on
May 22, 2023.
FINRA UPC (Uniform Practice Code) Rule 11140 provides that, in
respect to dividends or distributions that are twenty-five percent
or greater of the value of the subject security, the ex-dividend
date shall be the first business day following the payable date.
Accordingly, a ClearOne investor that sells shares of ClearOne
common stock on or prior to the payment date of May 31, 2023 will
not receive the one-time special cash dividend for the ClearOne
shares that are sold.
About ClearOne
ClearOne is a global market leader enabling conferencing,
collaboration, and network streaming solutions. The performance and
simplicity of its advanced, comprehensive solutions offer
unprecedented levels of functionality, reliability, and
scalability. Visit ClearOne at www.clearone.com.
This release contains "forward-looking" statements that are
based on present circumstances and on ClearOne's predictions with
respect to events that have not occurred, that may not occur, or
that may occur with different consequences and timing than those
now assumed or anticipated. Such forward-looking statements,
including the expected future payment of dividends and any
statements of the plans and objectives of management for future
operations and forecasts of future growth and value, are not
guarantees of future performance or results and involve risks and
uncertainties that could cause actual events or results to differ
materially from the events or results described in the
forward-looking statements. Such forward-looking statements are
made only as of the date of this release and ClearOne assumes no
obligation to update forward-looking statements to reflect
subsequent events or circumstances. Readers should not place undue
reliance on these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20230511005975/en/
Narsi Narayanan 385-426-0565 investor_relations@clearone.com
http://investors.clearone.com
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