ADTRAN Holdings, Inc. Announces Corrected Ex-Dividend Date for Second Quarter Cash Dividend – Payment Amount, Payable Date and Record Date Unchanged
August 10 2023 - 4:00PM
Business Wire
ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN
Holdings” or the “Company”) today announced a correction to the
ex-dividend date for the cash dividend for the second quarter of
2023, which is to be paid on September 5, 2023 to the Company’s
stockholders of record as of the close of business on August 21,
2023. The ex-dividend date will be August 18, 2023 rather than the
previously announced date of August 20, 2023. All other dates and
information relating to the cash dividend payment, as previously
communicated in the Company’s August 6, 2023 press release, remain
unchanged.
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this press release which are not
historical facts, such as those relating to strategy, outlook and
financial guidance, are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements can also generally be identified by the
use of words such as “believe,” “expect,” “intend,” “estimate,”
“anticipate,” “will,” “may,” “could” and similar expressions. In
addition, ADTRAN Holdings, through its senior management, may from
time to time make forward-looking public statements concerning the
matters described herein. All such projections and other
forward-looking information speak only as of the date hereof, and
ADTRAN Holdings undertakes no duty to publicly update or revise
such forward-looking information, whether as a result of new
information, future events, or otherwise, except to the extent as
may be required by law. All such forward-looking statements are
necessarily estimates and reflect management’s best judgment based
upon current information. Actual events or results may differ
materially from those anticipated in these forward-looking
statements as a result of a variety of factors. While it is
impossible to identify all such factors, factors which could cause
actual events or results to differ materially from those estimated
by ADTRAN Holdings include, but are not limited to: (i) risks and
uncertainties related to manufacturing and supply chain
constraints; (ii) risks and uncertainties related to the completed
business combination between the Company, ADTRAN, Inc. (“ADTRAN”)
and Adtran Networks SE (“Adtran Networks”), formerly ADVA Optical
Networks SE, including risks related to the ability to successfully
integrate ADTRAN’s and Adtran Networks’ businesses, the disruption
of management time from ongoing business operations due to
integration efforts following the business combination, and the
risk that ADTRAN Holdings may be unable to achieve expected
synergies or that it may take longer or be more costly than
expected to achieve those synergies; (iii) the risk of fluctuations
in revenue, including due to lengthy sales and approval processes
required by major and other service providers for new products and
changes in customer demand, as well as tighter inventory management
of ADTRAN Holdings’ customers; (iv) the risk posed by potential
breaches of information systems and cyber-attacks; (v) the risk
that ADTRAN Holdings may not be able to effectively compete,
including through product improvements and development; (vi) risks
related to ongoing patent litigation; and (vii) other risks set
forth in ADTRAN Holdings’ public filings made with the Securities
and Exchange Commission, including its Annual Report on Form 10-K
for the year ended December 31, 2022, as well as its Form 10-Q for
the quarter ended March 31, 2023 filed with the SEC.
About Adtran
ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) is the parent
company of Adtran, Inc., a leading global provider of open,
disaggregated networking and communications solutions that enable
voice, data, video and internet communications across any network
infrastructure. From the cloud edge to the subscriber edge, Adtran
empowers communications service providers around the world to
manage and scale services that connect people, places and things.
Adtran solutions are used by service providers, private
enterprises, government organizations and millions of individual
users worldwide. ADTRAN Holdings, Inc. is also the largest
shareholder of Adtran Networks SE, formerly ADVA Optical Networking
SE. Find more at Adtran, LinkedIn and Twitter.
Published by ADTRAN Holdings, Inc. www.adtran.com
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For media Gareth Spence +44 1904 699 358
public-relations@adva.com
For investors Steven Williams +49 89 890 665 918
investor.relations@adtran.com
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