Chicken Soup for the Soul Entertainment Announces Special Cash Dividend of $0.45 per Common Share
Chicken Soup for the Soul Entertainment, Inc. - Class A (CSSE)
Last chicken soup for the soul entertainment, inc. - class a earnings: 3/30 04:05 pm
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US:NASDAQ Investor Relations:
ir.cssentertainment.com
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Source: GlobeNewswire
COS COB, Conn., July 30, 2018 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), a growing media company with online video on-demand networks that provides positive and entertaining video content for all screens, today announced that its Board of Directors has declared a one-time, special dividend in the amount of $0.45 per share on its common stock, to be paid on August 10, 2018 to the stockholders of record as of the close of business on August 6, 2018. “As we approach the first anniversary of our IPO, we decided to look at ways we could enhance the return to our shareholders,” said William J. Rouhana, Jr., chairman and chief executive officer. “We believe that our stock buyback program has been helpful in this effort but due to volume and price limitations we have not been able to buy shares at the pace we had hoped.” As of July 24, 2018, the company has repurchased 74,235 shares of common stock since the $5 million program was authorized on March
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