Majesco Entertainment Announces Special Dividend
SOUTH PLAINFIELD, NJ--(Jan 6, 2016) - Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), an innovative provider of downloadable games for the mass market, announced today that its Board of Directors has authorized a special dividend of approximately $0.33 per common share (including common share equivalents) in cash, payable on January 15, 2016 to shareholders of record as of January 14, 2016.
Barry Honig, Co-Chairman and Chief Executive Officer, commented: "This special dividend is another step in returning value to shareholders. We will continue to explore options for delivering value with our low overhead and cash position."
- Published: 06 January 2016
- Written by Editor