ADSL Completes Return of Capital Distribution
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ADSL Holdings Inc. has completed a return of capital distribution, amounting to $3,901,140.47 or approximately $0.053 per common share. This distribution is only for shareholders of record as of December 19, 2024.
December 27, 2024 | 6:45 pm
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ADSL Holdings Inc. has completed a return of capital distribution, providing $0.053 per common share to shareholders of record as of December 19, 2024.
The completion of a return of capital distribution is a positive event for shareholders, as it provides them with a direct financial benefit. This action may lead to a short-term increase in stock price due to the perceived value returned to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100