American Software’s Board Approves the Quarterly Cash Dividend
August 23 2023 - 10:30AM
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 November 17,
2023, to be paid on or about December 1, 2023.
About American Software
Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through
its operating entity Logility, delivers prescriptive demand,
inventory, manufacturing, and supply planning tools – helping to
provide executives the confidence and control to increase margins
and service levels, while delivering sustainable supply chains.
Serving clients such as Big Lots, Carter’s, Destination XL,
Hostess, Husqvarna Group, Jockey International, Johnson Controls,
Parker Hannifin, Red Wing Shoe Company, Spanx, Dole Fresh
Vegetables, Inc., and Fender Musical Instrument Co, our solutions
are marketed and sold through a direct sales team as well as an
independent global value-added reseller distribution network.
Designed for speed and agility, Logility’s (SaaS) cloud-based
platform provides an innovative blend of artificial intelligence
(AI) and predictive analytics to help deliver integrated planning
and operations across the end-to-end supply chain. Our engineered
approach drives team alignment for over 800 customers in 80
countries with prioritized, value-focused outcomes. For more
information about Logility, please visit www.logility.com. Logility
is a wholly-owned subsidiary and operating entity of American
Software, Inc. (NASDAQ: AMSWA). You can learn more about American
Software at www.amsoftware.com or by calling (404) 364-7615 or
email kliu@amsoftware.ocom.
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 or performance to differ
materially from what is anticipated by statements made herein.
These factors include, but are not limited to, continuing U.S. and
global economic uncertainty and the timing and degree of business
recovery; the irregular pattern of the Company’s revenues;
dependence on particular market segments or customers; competitive
pressures; market acceptance of the Company’s products and
services; technological complexity; undetected software errors;
potential product liability or warranty claims; risks associated
with new product development; the challenges and risks associated
with integration of acquired product lines, companies and services;
uncertainty about the viability and effectiveness of strategic
alliances; the Company’s ability to satisfy in a timely manner all
Securities and Exchange Commission (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; as well as a
number of other risk factors that could affect the Company’s future
performance. 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 SEC. For more information, contact:
Kevin Liu, American Software, Inc., (626) 657-0013 or email
kliu@amsoftware.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230823750740/en/
Vincent C. Klinges Chief Financial Officer American Software,
Inc. (404) 264-5477
American Software (NASDAQ:AMSWA)
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