Brief: Sinnet Capital Partners Issues Letter To Franklin Wireless Requesting Board Return Cash To Shareholders In Form Of Special Dividend And Stock Buyback
28/12/2023 13:36
Dec 28 (Reuters) - Franklin Wireless Corp FKWL.O :
* SINNET CAPITAL PARTNERS: ISSUES LETTER TO FRANKLIN
WIRELESS
REQUESTING BOARD RETURN CASH TO SHAREHOLDERS IN FORM OF SPECIAL
DIVIDEND AND STOCK BUYBACK
* SINNET CAPITAL PARTNERS: RECOMMENDS BOARD OF DIRECTORS, CO
PAYS
SPECIAL DIVIDEND OF $1 / SHARE, EXECUTES $10 MILLION DUTCH
TENDER BUYBACK OF STOCK
Source text for Eikon: ID:nPn839qdla
Further company coverage: FKWL.O
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