CLEAR Announces Quarterly Dividend, Special Dividend and Increase to its Share Repurchase Authorization
CLEAR (NYSE: YOU) has announced multiple shareholder-friendly initiatives. The Board of Directors declared a quarterly dividend of $0.125 per share and a special cash dividend of $0.27 per share, both payable on March 18, 2025, to holders of Class A and B Common Stock as of March 10, 2025.
The company will fund these dividends through cash distributions from Alclear Holdings, , comprising both mandatory tax and discretionary distributions. Additionally, the Board has authorized a $200 million increase to its existing share repurchase program, bringing the total remaining authorization to approximately $232 million after utilizing about $68 million post-Q324.
CLEAR (NYSE: YOU) ha annunciato diverse iniziative favorevoli agli azionisti. Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale di $0,125 per azione e un dividendo speciale in contante di $0,27 per azione, entrambi pagabili il 18 marzo 2025, ai possessori di azioni ordinarie di Classe A e B al 10 marzo 2025.
La società finanzierà questi dividendi attraverso distribuzioni in contante da Alclear Holdings, che comprendono sia distribuzioni fiscali obbligatorie che discrezionali. Inoltre, il Consiglio ha autorizzato un aumento di $200 milioni al suo programma di riacquisto di azioni esistente, portando l'autorizzazione totale rimanente a circa $232 milioni dopo aver utilizzato circa $68 milioni dopo il Q324.
CLEAR (NYSE: YOU) ha anunciado múltiples iniciativas favorables para los accionistas. La Junta Directiva declaró un dividendo trimestral de $0,125 por acción y un dividendo especial en efectivo de $0,27 por acción, ambos pagaderos el 18 de marzo de 2025, a los tenedores de acciones ordinarias de Clase A y B al 10 de marzo de 2025.
La compañía financiará estos dividendos a través de distribuciones en efectivo de Alclear Holdings, que comprenden tanto distribuciones fiscales obligatorias como discrecionales. Además, la Junta ha autorizado un aumento de $200 millones a su programa de recompra de acciones existente, llevando la autorización total restante a aproximadamente $232 millones después de utilizar alrededor de $68 millones después del Q324.
CLEAR (NYSE: YOU)는 주주 친화적인 여러 가지 이니셔티브를 발표했습니다. 이사회는 주당 $0.125의 분기 배당금과 주당 $0.27의 특별 현금 배당금을 선언했으며, 두 배당금 모두 2025년 3월 18일에 2025년 3월 10일 기준으로 A 및 B 클래스 보통주 보유자에게 지급됩니다.
회사는 이러한 배당금을 Alclear Holdings의 현금 분배를 통해 자금을 조달할 예정이며, 여기에는 의무 세금 분배와 재량 세금 분배가 포함됩니다. 또한, 이사회는 기존 자사주 매입 프로그램에 $200 million을 추가로 승인하였으며, Q324 이후 약 $68 million을 사용한 후 남은 총 승인 금액은 약 $232 million입니다.
CLEAR (NYSE: YOU) a annoncé plusieurs initiatives favorables aux actionnaires. Le Conseil d'Administration a déclaré un dividende trimestriel de 0,125 $ par action et un dividende exceptionnel en espèces de 0,27 $ par action, tous deux payables le 18 mars 2025, aux détenteurs d'actions ordinaires de Classe A et B au 10 mars 2025.
La société financera ces dividendes par le biais de distributions en espèces d'Alclear Holdings, comprenant à la fois des distributions fiscales obligatoires et discrétionnaires. De plus, le Conseil a autorisé une augmentation de 200 millions de dollars de son programme de rachat d'actions existant, portant le total de l'autorisation restante à environ 232 millions de dollars après avoir utilisé environ 68 millions de dollars après le Q324.
CLEAR (NYSE: YOU) hat mehrere aktionärsfreundliche Initiativen angekündigt. Der Vorstand hat eine Vierteljahresdividende von $0,125 pro Aktie und eine sonstige Bardividende von $0,27 pro Aktie erklärt, die beide am 18. März 2025 an die Inhaber von Stammaktien der Klassen A und B zum 10. März 2025 ausgezahlt werden.
Das Unternehmen wird diese Dividenden durch Barverteilungen von Alclear Holdings finanzieren, die sowohl obligatorische Steuerverteilungen als auch diskretionäre Verteilungen umfassen. Darüber hinaus hat der Vorstand eine Erhöhung um $200 Millionen für sein bestehendes Aktienrückkaufprogramm genehmigt, was die verbleibende Genehmigung auf etwa $232 Millionen erhöht, nachdem etwa $68 Millionen nach Q324 verwendet wurden.
- New quarterly dividend of $0.125 per share established
- Special dividend of $0.27 per share announced
- $200 million increase in share repurchase authorization
- Total buyback capacity increased to $232 million
- None.
Insights
This comprehensive capital return announcement represents a strategic pivot for CLEAR, implementing a multi-pronged approach to shareholder value creation. The combination of regular quarterly dividends (
The dual-track approach is particularly noteworthy: regular dividends provide predictable income streams for yield-focused investors, while the buyback program offers flexibility to opportunistically acquire shares when management believes they're undervalued. The
The structured distribution through Alclear Holdings , incorporating both mandatory tax and discretionary components, demonstrates sophisticated tax planning that maximizes efficiency for shareholders. The Board's retention of discretion over future dividends maintains strategic flexibility while establishing a framework for consistent capital returns.
Particularly significant is the timing of this announcement, which suggests management views current market conditions as opportune for implementing a comprehensive shareholder return program. The substantial buyback authorization increase, following
NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Clear Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the “Board”) declared a quarterly dividend of
The Company will fund the payment of the dividends from proportionate cash distributions made by Alclear Holdings, LLC to all of its members, including the Company. The distributions consist of a mandatory tax distribution as well as a discretionary distribution.
In addition, the Company announced that its Board authorized a
The declaration, timing and amount of any future dividends will be subject to the discretion and approval of the Board and will depend on a number of factors, including CLEAR’s results of operations, cash flows, financial position and capital requirements, as well as general business conditions, legal, tax and regulatory restrictions and other factors the Board deems relevant at the time it determines to declare such dividends. The timing and actual number of shares repurchased pursuant the Company’s repurchase program will be determined by management depending on a variety of factors, including stock price, trading volume, market conditions, and other general business considerations.
About CLEAR
CLEAR's mission is to create frictionless experiences. With over 27 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell member data. For more information, visit clearme.com.
Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.
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FAQ
When will CLEAR (YOU) pay its quarterly and special dividends?
How much is CLEAR's new share repurchase authorization?
What is the total dividend payment CLEAR (YOU) shareholders will receive in March 2025?
How will CLEAR fund its dividend payments?
