ClearOne rises on announcing special dividend
09/05/2023 10:56
** Shares of communications and networking co ClearOne
CLRO.O up 69.5% at $2.10 premarket
** Board declares special one-time cash dividend of
$1.00/share of CLRO common stock, payable on May 31
** Co says recent successful legal settlements have
generated surplus cash for company
** Up to last close, stock had fallen 18.1% so far this year
(Reporting by Ashwini Raj in Bengaluru)
((Ashwini.Raj@thomsonreuters.com))