filecrux
Oct 14, 9:37 PM
$VISN (Vistance Networks, the network-gear maker that sold Ruckus to Belden in July) will pay a
$1.50-a-share special cash distribution: ~
$346M on 230.6M shares, about 24% of its ~
$1.41B market value at the
$6.13 close on Oct 13, 2026. That is nearly half the
$700-750M of year-end cash it guided to in August. Holders get cash, taking 2026 specials to
$16.50 a share; the cost is a thinner war chest for deals and buybacks, though a
$160M tax refund is expected in 2027. Record Oct 26, paid Nov 6, ex-date Nov 9, after payment.
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