Marchex Announces Regular Quarterly Dividend for Common Stock
October 17 2014 - 9:00AM
Business Wire
Marchex, Inc. (NASDAQ:MCHX), today announced that the company's
Board of Directors has declared a regular quarterly dividend in the
amount of $0.02 per share on its common stock. Marchex will pay
these dividends on November 18, 2014 to the holders of record as of
the close of business on November 7, 2014. As of October 17, 2014,
5,232,636 shares of Class A common stock and 37,612,422 shares of
Class B common stock are outstanding.
Marchex commenced the payment of a regular quarterly cash
dividend on its common stock on February 15, 2007. The company
intends to pay a regular quarterly dividend on its common stock for
the foreseeable future at the discretion of the Board of Directors
depending on available cash, anticipated cash needs, overall
financial condition, future prospects for earnings and cash flows
as well as other relevant factors.
About Marchex
Marchex is a mobile advertising technology company. The company
provides a suite of products and services for businesses that
depend on consumer phone calls to drive sales. Marchex’s mobile
advertising platform delivers new customer phone calls to
businesses, while its technology analyzes the data in these calls
to help maximize ad campaign results. Marchex disrupts traditional
advertising models by giving businesses full transparency into
their ad campaign performance and charging them based on new
customer acquisition.
Please visit www.marchex.com,
blog.marchex.com or @marchex on Twitter (Twitter.com/Marchex),
where Marchex discloses material information from time to time
about the company, its financial information, and its business.
Forward-Looking
Statements:
This press release contains forward-looking statements that
involve substantial risks and uncertainties. All statements, other
than statements of historical facts, included in this press release
regarding our strategy, future operations, future financial
position, future revenues, acquisitions, projected costs,
prospects, plans and objectives of management are forward-looking
statements. We may not actually achieve the plans, intentions or
expectations disclosed in our forward-looking statements and you
should not place undue reliance on our forward-looking statements.
Actual results or events could differ materially from the plans,
intentions and expectations disclosed in the forward-looking
statements we make. There are a number of important factors that
could cause Marchex's actual results to differ materially from
those indicated by such forward-looking statements which are
described in the "Risk Factors" section of our most recent periodic
report and registration statement filed with the SEC. All of the
information provided in this release is as of October 17, 2014 and
Marchex undertakes no duty to update the information provided
herein.
Marchex Investor RelationsTrevor Caldwell, 206-331-3600Email:
ir(at)marchex.comOrMEDIA INQUIRIESMarchex Corporate
CommunicationsSonia Krishnan, 206-331-3434Email:
skrishnan(at)marchex.com
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