HONG
KONG, Nov. 22, 2023 /PRNewswire/ -- CLPS
Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today
announced that its Board of Directors has declared a special cash
dividend of $0.10 per share of common
stock. It is payable on December 13,
2023 to shareholders of record as of December 4, 2023. The aggregate amount of the
payment to be made in connection with this special cash dividend
will be approximately $2.56
million.
This special cash dividend follows the Company's initial special
cash dividend of $0.05 per share,
paid on January 10, 2023.
Mr. Raymond Lin, Chief Executive
Officer of CLPS, commented, "Ensuring returns for our valued
shareholders is a paramount responsibility that we always keep in
mind. Rest assured, this dividend payout will not impede our
operational capabilities, including our pursuit of potential
M&A as well as business expansion initiatives."
The details of any future cash dividend declaration, including
the amount of such dividend, the timing, and establishment of the
record and payment dates, will be determined by the Board of
Directors. The decision of whether to pay future cash dividends and
the amount of any such dividends will be based on the Company's
financial position, results of operations, cash flows, capital
requirements, business conditions, the requirements of applicable
law, and any other factors the Board of Directors may deem
relevant.
About CLPS Incorporation
Headquartered in Hong Kong,
CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global
leading information technology ("IT") consulting and solutions
service provider focused on delivering services primarily to global
institutions on the banking, wealth management, e-commerce, and
automotive sectors. The Company serves as an IT service provider to
a growing network of clients in the global financial service
industry, including large financial institutions in the U.S.,
Europe, Australia, Asia, and their PRC-based IT centers. The
Company maintains 20 delivery and/or research & development
centers to serve different customers in various geographic
locations. Mainland China centers
are located in Shanghai,
Beijing, Dalian, Tianjin, Xi'an, Chengdu, Guangzhou, Shenzhen, Hangzhou, and Hainan. The remaining 10 global centers are
located in Hong Kong SAR, USA,
Japan, Singapore, Australia, Malaysia, India, Philippines, Vietnam, and Canada. For further information regarding the
Company, please
visit: https://ir.clpsglobal.com/, or follow CLPS
on Facebook, Instagram, LinkedIn,
X (formerly Twitter), and YouTube.
Forward-Looking Statements
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to the
Company's beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance. Known and unknown risks, uncertainties and other
factors, which may be beyond the Company's control, may cause the
actual results and performance of the Company to be materially
different from such forward-looking statements. All such statements
attributable to us are expressly qualified in their entirety by
this cautionary notice, including, without limitation, those risks
and uncertainties related to the Company's expectations of the
Company's future growth, performance and results of operations, the
Company's ability to capitalize on various commercial, M&A,
technology and other related opportunities and initiatives, as well
as the risks and uncertainties described in the Company's most
recently filed SEC reports and filings. Such reports are available
upon request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contact:
CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com
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SOURCE CLPS