American Software’s Board Approves the Quarterly Cash Dividend
February 13 2020 - 7:38AM
Business Wire
American Software, Inc. (NASDAQ: AMSWA) today announced that its
Board of Directors declared a quarterly dividend of $.11 per share.
The dividend is payable to the Company’s Class A and Class B
Shareholders of record at the close of business on May 8, 2020, to
be paid on or about May 22, 2020.
About American Software, Inc.
Atlanta-based American Software, Inc. (NASDAQ: AMSWA),
delivers innovative AI-powered supply chain management and advanced
retail planning platforms. Logility, Inc., a wholly-owned
subsidiary of American Software, is accelerating digital supply
chain optimization and advanced retail planning from product
concept to customer availability and companies transform their
supply chain operations to gain a competitive advantage. Recognized
for its high-touch approach to customer service, rapid
implementations and industry-leading return on investment (ROI),
Logility customers include Big Lots, Husqvarna Group, Parker
Hannifin, Sonoco Products, Red Wing Shoe Company and VF
Corporation. Demand Management, Inc., a wholly-owned subsidiary of
Logility, delivers affordable, easy-to-use Software-as-a-Service
(SaaS) supply chain planning solutions designed to increase
forecast accuracy, improve customer service and reduce inventory to
maximize profits and lower costs. Demand Management serves
customers such as Siemens Healthcare, AutomationDirect.com and
Newfoundland Labrador Liquor Corporation. New Generation Computing,
Inc., a wholly-owned subsidiary of American Software, powers the
digital supply chain to enable brand owners and retailers to
maximize revenue and profit by accelerating lead times,
streamlining product development, and optimizing sourcing and
distribution. NGC customers include Brooks Brothers, Carter’s,
Destination XL, Fanatics, Foot Locker, Jockey International,
Lacoste and Spanx. The comprehensive American Software supply chain
and retail planning portfolio includes advanced analytics, supply
chain visibility, demand, inventory and replenishment planning,
Sales and Operations Planning (S&OP), Integrated Business
Planning (IBP), supply and inventory optimization, manufacturing
planning and scheduling, retail merchandise and assortment planning
and allocation, product lifecycle management (PLM), sourcing
management, and vendor quality and compliance. For more information
about American Software, please visit www.amsoftware.com, call
(404) 364-7615 or email Kliu@amsoftware.com.
Forward Looking
Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. There are a number
of factors that could cause actual results to differ materially
from those anticipated by statements made herein. These factors
include, but are not limited to, changes in general economic
conditions, technology and the market for the Company's products
and services, including economic conditions within the e-commerce
markets; the timely availability and market acceptance of these
products and services; the Company’s ability to satisfy in a timely
manner all SEC required filings and the requirements of Section 404
of the Sarbanes-Oxley Act of 2002 and the rules and regulations
adopted under that Section; the challenges and risks associated
with integration of acquired product lines and companies; the
effect of competitive products and pricing; the uncertainty of the
viability and effectiveness of strategic alliances; and the
irregular pattern of the Company's revenues. For further
information about risks the Company could experience as well as
other information, please refer to the Company's current Form 10-K
and other reports and documents subsequently filed with the
Securities and Exchange Commission. For more information, contact:
Vincent C. Klinges, Chief Financial Officer, American Software,
Inc., (404) 264-5477 or fax: (404) 264-5298.
American Software® is a registered trademark of American
Software, Inc.; Logility® is a registered trademark of Logility,
Inc.; and New Generation Computing® is a registered trademark of
New Generation Computing, Inc. Other products mentioned in this
document are registered marks, trademarks or service marks of their
respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200213005484/en/
Vincent C. Klinges Chief Financial Officer American Software,
Inc. (404) 264-5477
American Software (NASDAQ:AMSWA)
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