Euro Tech Holdings Company Limited Declared A Special Cash Dividend

Rhea-AI Summary

Euro Tech Holdings Company Limited (CLWT) has announced a special cash dividend of approximately $0.20 per share, payable on July 6, 2021, to shareholders recorded as of June 28, 2021. Shareholders will automatically receive the dividend in their brokerage accounts, with American Stock Transfer and Trust LLC designated as the paying agent. This announcement reflects the company's commitment to returning value to its shareholders, enhancing investor confidence.

Positive

• Authorized a special cash dividend of $0.20 per share, showing confidence in returning value to shareholders.
• Dividend paid to shareholders of record, increasing shareholder income.

Negative

• None.

HONG KONG, June 18, 2021 /PRNewswire/ -- Euro Tech Holdings Company Limited (CLWT) (the "Company") announced today that its Board of Directors has authorized a special dividend of approximately $0.20 per ordinary share, in cash, payable on July 6, 2021 to shareholders of record as of June 28, 2021.

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 amount of the special dividend declared by Euro Tech Holdings?

The special dividend is approximately $0.20 per ordinary share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 6, 2021.

What is the record date for the special dividend?

The record date for the dividend is June 28, 2021.

Do shareholders need to take any action to receive the dividend?

No, shareholders do not need to take any action; the dividend will be credited automatically to their brokerage accounts.

Who is the paying agent for the dividend?

American Stock Transfer and Trust LLC (ASTT) is the appointed paying agent for the dividend.