Vistance Networks Board Approves Special Distribution
Vistance Networks (NASDAQ:VISN) ("Vistance" or the "Company"), a global provider of intelligent network solutions, today announced its Board of Directors (the "Board") declared a special cash distribution of $10.00 per share, payable on April 27, 2026 to holders of record of its common stock as of the close of business on April 17, 2026.
The Company will fund the payment of the distribution with cash on hand including cash proceeds received in connection with the sale of its Connectivity and Cable Solutions business to Amphenol Corporation on January 9, 2026.
Given the current volatility in the debt markets, the Company used only cash on hand for the dividend rather than adding leverage
