Vistance Networks declares $5 special cash distribution per share
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Vistance Networks (NASDAQ: VISN) announced its board of directors declared a special cash distribution of $5.00 per share, payable on August 27, 2026, to holders of record as of the close of business on August 17, 2026.
The company said it will fund the distribution using cash proceeds from the sale of its Ruckus Networks business to Belden Inc., which closed on July 1, 2026.
Under Nasdaq Rule 11140(b)(2), because the special cash distribution equals or exceeds 25% of the value of the company's common stock, the ex-dividend date will be August 28, 2026, the first business day following the payment date.
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