dividend
confidence high
sentiment positive
materiality 0.75
Vistance Networks declares $10/share special distribution from sale proceeds
Vistance Networks, Inc.
- Special cash distribution of $10.00 per share payable April 27, 2026 to holders of record April 17, 2026.
- Funded from cash on hand including proceeds from sale of Connectivity and Cable Solutions to Amphenol on Jan 9, 2026.
- Company chose not to add leverage due to debt market volatility; used only cash.
- Expected U.S. tax treatment: return of capital to extent of basis, then capital gain, not a dividend.