Vistance Networks declares $10 per share special cash distribution
Get Alerts VISN Hot Sheet
Join SI Premium – FREE
Vistance Networks (NASDAQ: VISN) announced its board of directors declared a special cash distribution of $10.00 per share, according to a company statement. The distribution is payable on April 27, 2026 to shareholders of record as of April 17, 2026.
The Richardson, Texas-based network solutions provider will fund the payment using cash on hand, including proceeds from the sale of its Connectivity and Cable Solutions business to Amphenol Corporation on January 9, 2026.
The company stated it chose to use only existing cash rather than adding debt to finance the distribution, citing current volatility in debt markets as a factor in the decision.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- CopperTech Metals files for IPO on NYSE under ticker CUX
- Crescent Biopharma (CBIO) Reiterated at Overweight by Cantor Fitzgerald
- Abu Dhabi's MGX Raises About $50 Billion To Accelerate AI Deals - Bloomberg
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsRelated Entities
Dividend, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share