Euro Tech Holdings Company Limited Declared A Special Cash Dividend

Rhea-AI Summary

Euro Tech Holdings Company Limited (CLWT) announced a special cash dividend of $0.06 per ordinary share, payable on June 23, 2022, to shareholders of record as of June 13, 2022. Shareholders will automatically receive the dividend without needing action, credited through brokerage accounts. American Stock Transfer and Trust LLC is the appointed paying agent for this dividend. The Company issued a caution regarding forward-looking statements, highlighting compliance with NASDAQ requirements, and encourages shareholders to consult risk factors detailed in SEC filings.

Positive

• Dividend of $0.06 per share enhances shareholder returns.

Negative

• Potential risks associated with compliance with NASDAQ requirements.

HONG KONG, May 31, 2022 /PRNewswire/ -- Euro Tech Holdings Company Limited (CLWT) (the "Company") announced today that its Board of Directors has authorized a special dividend of approximately $0.06 per ordinary share, in cash, payable on June 23, 2022 to shareholders of record as of June 13, 2022.

Shareholders do not need to take any action to receive the dividend. Shares held in brokerage accounts and street name should receive the dividend by credit to their brokerage account. American Stock Transfer and Trust LLC ("ASTT") has been appointed paying agent for administration of the dividend and any questions should be directed to the attention of ASTT at (800) 937-5449 or (718) 921-8124.

Forward-Looking Statements

Certain statements contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements contained in this release relate to, among other things, the Company's ongoing compliance with the requirements of The NASDAQ Stock Market. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should'" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports filed with the SEC (copies of which may be obtained at www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

 

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SOURCE Euro Tech Holdings Company Limited

FAQ

What is the special dividend amount for CLWT?

The special dividend amount for CLWT is $0.06 per ordinary share.

When will the dividend be paid to shareholders of CLWT?

The dividend will be paid on June 23, 2022.

What date must I hold CLWT shares to receive the dividend?

Shareholders must be on record by June 13, 2022, to receive the dividend.

Who is administering the dividend for CLWT?

American Stock Transfer and Trust LLC is administering the dividend.

Are there any risks associated with the dividend declaration for CLWT?

Yes, the Company mentioned potential risks related to compliance with NASDAQ requirements.