Vistance Networks declares $1.50 per share special cash distribution

Vistance Networks (NASDAQ: VISN) announced its board of directors approved a special cash distribution of $1.50 per share, payable on November 6, 2026, to holders of record as of the close of business on October 26, 2026.

Under Nasdaq Rule 11140(b)(2), because the distribution amount equals or exceeds 25% of the value of the company's common stock, the ex-dividend date will be November 9, 2026, the first business day following the payment date.

The company said it expects to fund the distribution using available cash, including proceeds from the July 1, 2026 sale of its Ruckus Networks business.

Chuck Treadway, president and chief executive officer of Vistance Networks, said the latest distribution brings the company's total special distributions for the year to $16.50 per share. "This distribution, together with the other special distributions this year and our ongoing share repurchase program, reflects our commitment to returning capital to shareholders," Treadway said.

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