ClearOne (CLRO) Declares One-time $0.50 Special Dividend

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ClearOne Announces a Special One-time Cash Dividend

March 11, 2024 4:45 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has declared a one-time special cash dividend of $0.50 per share of ClearOne common stock, payable on April 10, 2024 to shareholders of record on April 2, 2024. Because the special cash dividend exceeds twenty-five percent (25%) of the value of the Companys common stock, in accordance with FINRA UPC (Uniform Practice Code) Rule 11140, a stockholder of the Company that sells shares of the Companys common stock on or prior to the payment date of April 10, 2024 will not receive the one-time special... More