NEW
YORK, Oct. 31, 2024 /PRNewswire/ -- Clear
Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced
that its Board of Directors (the "Board") declared a regular
quarterly dividend of $0.125 per
share, payable on December 17, 2024
to holders of record of Class A Common Stock and Class B Common
Stock as of the close of business on December 10, 2024.
The Company will fund the payment of the quarterly dividend from
proportionate cash distributions by its subsidiary.
The declaration, timing and amount of any future dividends will
be subject to the discretion and approval of the Board and will
depend on a number of factors, including CLEAR's results of
operations, cash flows, financial position and capital
requirements, as well as general business conditions, legal, tax
and regulatory restrictions and other factors the Board deems
relevant at the time it determines to declare such dividends.
ABOUT CLEAR
CLEAR's mission is to create frictionless
experiences. With over 25 million members and a growing network of
partners across the world, CLEAR's identity platform is
transforming the way people live, work, and travel. Whether you are
traveling, at the stadium, or on your phone, CLEAR connects you to
the things that make you, you – making everyday experiences easier,
more secure, and friction-free. CLEAR is committed to privacy done
right. Members are always in control of their own information, and
we never sell member data. For more information,
visit clearme.com.
Forward-Looking Statements
This release may contain
statements that constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that any and such forward-looking
statements are not guarantees of future performance or results and
involve risks and uncertainties, and that actual results,
developments and events may differ materially from those in the
forward-looking statements as a result of various factors,
including those described in the Company's filings within the
Securities and Exchange Commission, including the sections titled
"Risk Factors" in our Annual Report on Form 10- K. The Company
disclaims any obligation to update any forward-looking statements
contained herein.
Media Contact:
CLEAR
media@clearme.com
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SOURCE CLEAR
