Vistance Networks Approves $1.50 Special Distribution, Lifting 2026 Total to $16.50
Photo: TokenPost
Vistance Networks approved a one-time cash distribution of $1.50 per common share, lifting its special distributions for 2026 to $16.50 per share and setting a Nov. 6 payment date. Shareholders listed at the close of business Oct. 26 qualify for the payment. Vistance plans to draw on cash it has on hand, including money received when it sold the Ruckus Networks business July 1. Nov. 9 will be the ex-dividend date. Because the payout is at least one-quarter of the value of Vistance’s common stock, Nasdaq Rule 11140(b)(2) sets that date for the first business day after payment.
Source: TokenPost
