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0 0 0 0 0.0111452728670255 0.0184473481936972 0.0461183704842429 0.037663335895465
Stock impact report

CLEAR Announces $0.25 Special Cash Dividend

Clear Secure, Inc. Class A (YOU) 
Company Research Source: PR Newswire
NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) today announced that CLEAR's Board of Directors has approved and declared a special cash dividend in the amount of $0.25 per share, payable on December 7, 2022, to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on November 28, 2022 (the "Record Date")."As we wrote in our IPO prospectus letter, we are fervent believers in the AND - growth, free cash flow, AND economic capital allocation to maximize long-term returns.  Our subscription model and strong balance sheet enable us to invest in the growth of our business AND return capital to shareholders - whether in the form of opportunistic share repurchases or dividends," said Caryn Seidman-Becker, CEO.The Company will fund the payment of the special cash dividend from proportionate cash distributions by its subsidiary, Alclear Holdings, LLC, to all of its members as of the Record Date, including holders of non-controllin Show less Read more
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