Vistance Networks approves $1.50 special dividend per share
Richardson, Texas - Vistance Networks (NASDAQ: VISN) disclosed on November 6, 2026 that its Board of Directors has approved a special dividend of $1.50 per share for shareholders. The distribution will be effective for those shareholders whose name appears on the company's records as of October 26, 2026. The ex-dividend date is November 9, 2026, the subsequent business day after the payment date, per Nasdaq Rule 11140(b)(2).
This dividend represents 25% or more of Vistance Networks' common stock value. The company intends to utilize its cash reserves, including funds from the sale of its Ruckus Networks subsidiary on July 1, 2026, to finance this distribution. Chuck Treadway, Vistance Networks' president and chief executive officer, affirmed that the payment represents a total of $16.50 per share in special distributions for the year.
He emphasized the company's dedication to returning capital to shareholders through special distributions and a continuing share repurchase program. Vistance Networks is a global provider of intelligent network solutions.
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