SALT LAKE CITY--(BUSINESS WIRE)-- ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has declared 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.
"The recent successful legal settlements have generated surplus cash for the Company. We are pleased to share this surplus with our shareholders, who continue to support the Company’s strategy and vision for future growth,” said Eric L. Robinson, Chairman of the Board of Directors of ClearOne. “We believe the company is now solidly positioned to pursue its long-term plans and return to rapid revenue growth and profitability.”
Even though this dividend announcement is a special one-time event, the declaration of dividends in the future is subject to the discretion of the ClearOne Board of Directors, which will evaluate the possibility of future dividend distributions from time-to-time based on factors that the Board of Directors deem relevant. However, no additional dividends have been authorized nor are contemplated at this time.
Recent CLRO News
- ClearOne Appoints FVC as Distributor for the Middle East and Africa • Business Wire • 07/10/2024 06:30:00 AM
- ClearOne to Showcase Powerful AV Collaboration Solutions at InfoComm 2024, Las Vegas • Business Wire • 06/12/2024 01:10:00 PM
- ClearOne, Inc. Reports First Quarter 2024 Financial Results • Business Wire • 05/20/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 06:08:23 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 01:15:21 PM
- ClearOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results • Business Wire • 04/02/2024 01:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 09:13:39 PM
- ClearOne Announces a Special One-time Cash Dividend • Business Wire • 03/11/2024 08:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 09:23:10 PM
- ClearOne Reviews 2023 Operational and Financial Progress, Provides Early 2024 Highlights • Business Wire • 02/22/2024 02:10:00 PM
- ClearOne to Showcase Conference and Collaboration Solutions for Every Size of Meeting Space at ISE 2024 • Business Wire • 01/25/2024 02:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 11:01:57 AM
- ClearOne Announces Significant Balance Sheet Improvements • Business Wire • 12/28/2023 02:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/27/2023 10:14:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:16:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 12:06:13 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/07/2023 07:25:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2023 09:26:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:40:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 11:53:09 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/21/2023 06:28:37 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 11/16/2023 03:50:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 12:21:15 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 11:05:57 AM
- ClearOne, Inc. Reports Third Quarter 2023 Financial Results • Business Wire • 11/09/2023 02:10:00 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM