CLNV to Issue 5 Shares for Every 100 Shares Held
Clean Vision Corporation (OTCQB:CLNV) announced its board of directors has declared a special dividend of 5 shares for every 100 shares held.
On February 16, 2023, the Board approved the Dividend and set the record date for the Dividend as February 27, 2023 and the payment date as March 13, 2023.
Any fractional shares will be rounded down to the shareholders’ lower 100-share amount owned.
The Dividend Shares will carry a standard restrictive legends, which means the Dividend Shares may not be resold until they are ‘aged’ and/or registered in a suitable registration statement.
Insiders are also subject to the same resale restrictions.
Like many stock dividend and split procedures, majority of shareholders will receive their portion of the dividend shares directly via their broker or investment firm.
Shareholders whose shares are registered directly with the Company’s transfer agent will receive the Dividend Shares via EQ by mail.
Latest CLNV Stock News
“We are happy to announce the Board has declared this special dividend to recognize and appreciate the support our shareholders have displayed throughout the early stages of the Company’s growth.
Now, as we enter the next phase for our strategic long-term plans, we wanted to acknowledge and reward the shareholders for their support and confidence in the team at Clean Vision” said Dan Bates, CEO.
Dan will be joining the retail community on Twitter Spaces 2/21.
Clean Vision Corporation operates and intends to acquire and operate a portfolio of synergistic companies in the sustainable clean technology and green energy sectors.
$CLNV is up nearly +23% this year-to-date with shares rising as much as +15% on Tuesday.
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