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Absolute Software Declares Quarterly Dividend

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Absolute Software (NASDAQ: ABST) has declared a quarterly dividend of CAD$0.08 per share on its common stock. This dividend is payable in cash on February 23, 2023, to shareholders of record at the close of business on February 9, 2023. Dividends are categorized as eligible under subsection 89(14) of the Canadian Income Tax Act. Absolute Software specializes in self-healing, intelligent security solutions that protect over 600 million devices, and is recognized as a leader in Endpoint Management and Zero Trust Networking by G2 for eleven consecutive quarters.

Positive
  • Quarterly dividend of CAD$0.08 per share demonstrates commitment to shareholder returns.
  • Strong presence in security solutions with over 600 million devices protected.
  • Recognized as a Leader in Endpoint Management and Zero Trust Networking by G2.
Negative
  • None.

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)-- Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on February 23, 2023 to shareholders of record at the close of business on February 9, 2023.

Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by 18,000 customers, G2 recognized Absolute as a Leader for the eleventh consecutive quarter in the Fall 2022 Grid® Report for Endpoint Management and as a Leader in the Grid Report for Zero Trust Networking.

©2023 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and NETMOTION are registered trademarks of Absolute Software Corporation or its subsidiaries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

Media Relations

Becki Levine

press@absolute.com

858-524-9443



Investor Relations

Joo-Hun Kim

IR@absolute.com

212-868-6760

Source: Absolute Software

FAQ

What is the dividend amount declared by Absolute Software in February 2023?

Absolute Software declared a quarterly dividend of CAD$0.08 per share.

When will the dividend by Absolute Software be paid?

The dividend will be paid on February 23, 2023.

What is the record date for Absolute Software's dividend?

The record date for the dividend is February 9, 2023.

Are the dividends from Absolute Software eligible for Canadian tax benefits?

Yes, the dividends are designated as eligible dividends under Canadian tax legislation.

Absolute Software Corporation

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