Clarivate Declares Dividend on Mandatory Convertible Preferred Shares [Yahoo! Finance]
Clarivate Plc Ordinary Shares (CLVT)
Company Research
Source: Yahoo! Finance
announced that its board of directors declared a quarterly dividend of $1.3125 per share on its 5.25% Series A Mandatory Convertible Preferred Shares (the "Preferred Shares"), payable in cash on June 3, 2024 to shareholders of record at the close of business on May 15, 2024. On the mandatory conversion date, which is scheduled to occur on June 3, 2024 , each Preferred Share will automatically and mandatorily convert into a number of ordinary shares of Clarivate (and cash in lieu of any fractional ordinary shares) based on the average volume weighted average price ("VWAP") of Clarivate's ordinary shares over a 30-trading day period that begins on, and includes, April 18, 2024 and is scheduled to end on, and include, May 30, 2024 (the "valuation period"). If such VWAP is (i) greater than , then the mandatory conversion rate will be 3.2052 ordinary shares of Clarivate per Preferred Share, (ii) less than or equal to but equal to or greater than , then the mandatory conversion rate will
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News
- New Clarivate Report Reveals that the U.S., Germany and Mainland China have the most Non-Practicing Entity Litigation [Yahoo! Finance]Yahoo! Finance
- New Clarivate Report Reveals that the U.S., Germany and Mainland China have the most Non-Practicing Entity LitigationPR Newswire
- New Clarivate Report Reveals that the U.S., Germany and Mainland China have the most Non-Practicing Entity LitigationPR Newswire
- New Clarivate Report Reveals that the U.S., Germany and Mainland China have the most Non-Practicing Entity LitigationPR Newswire
- Clarivate Plc (NYSE: CLVT) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $8.50 to $7.50. They now have a "buy" rating on the stock.MarketBeat
CLVT
Earnings
- 5/8/24 - Beat
CLVT
Sec Filings
- 5/10/24 - Form 8-K
- 5/8/24 - Form 4
- 5/8/24 - Form 3
- CLVT's page on the SEC website