POZEN Announces December 31, 2013 as Ex-Dividend Date for Previously Announced Special Cash Distribution

Loading...
Loading...
POZEN
POZN
today announced that the ex-dividend date for POZEN's previously announced $1.75 special cash distribution is December 31, 2013. On November 21, 2013 POZEN announced that its Board of Directors had declared a special cash distribution of $1.75 per share payable to stockholders of record holding outstanding shares of POZEN's common stock as of the close of business on December 11, 2013, with an expected payment date of December 30, 2013. Because the special cash distribution exceeded 25% of the value of POZEN's common stock at the time of declaration, in accordance with Financial Industry Regulatory Authority Rule 11140, NASDAQ has determined that the ex-dividend date for this
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceDividendsOfferingsManagementM&AGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...