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ClearOne Declares Special Dividend, Shares Surge in Pre-market Trading

  • May 09th, 2023
  • 276 views

ClearOne (NASDAQ: CLRO) has announced a special one-time cash dividend of $1.00 per share of ClearOne common stock, payable on May 31, 2023, to shareholders of record on May 22, 2023. 

Eric L. Robinson, the Chairman of the Board of Directors of ClearOne, attributed this dividend to the surplus cash generated by recent successful legal settlements. Robinson expressed his gratitude to the shareholders for their continued support of the company's strategy and future growth vision. He believes that ClearOne is now well-positioned to pursue its long-term plans and achieve rapid revenue growth and profitability. 

As a result of this news, $CLRO is trading at $2.14 in pre-market, up by 72.5807% or $0.90.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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