DallasNews Corporation Announces Non-Executive Chairman and Third Quarter 2023 Dividend
2023年5月12日 - 5:30AM
DallasNews Corporation (Nasdaq: DALN) announced today that at the
Company’s Annual Meeting of Shareholders, Robert W. Decherd stepped
down as Executive Chairman of the Board of Directors and was
succeeded by John A. Beckert, the Board’s Lead Director, as
Non-Executive Chairman. Dunia A. Shive assumed Beckert’s position
as chair of the Nominating and Corporate Governance Committee. The
role of Lead Director was combined into the Non-Executive Chairman
role.
Beckert has served as a director since September 2011. He is the
first non-family member to serve as Chairman since G. B. Dealey
acquired the Company in 1926. Decherd will continue to serve as a
director until September 21, when he will retire from the Board
under its established retirement policy.
Grant S. Moise, the Company’s Chief Executive Officer, said, “I
want to thank Robert for staying on as Chairman to complete the
leadership transition that commenced with my election as CEO in May
2022. John and I are looking forward to working collaboratively to
ensure the long-term success of DallasNews Corporation and
The Dallas Morning News while accelerating the
growth of Medium Giant.”
Also today, the Board of Directors declared a quarterly cash
dividend of $0.16 per share. The dividend will be payable on
September 1, 2023, to shareholders of record at the close of
business on August 11, 2023.
About DallasNews Corporation
DallasNews Corporation is the Dallas-based holding company of
The Dallas Morning News and Medium Giant.
The Dallas Morning News is Texas’ leading daily
newspaper with a strong journalistic reputation, intense regional
focus and close community ties. Medium Giant is a media and
marketing agency of divergent thinkers who devise strategies that
deepen connections, expand influence, and scale success for clients
nationwide. For additional information, visit
dallasnewscorporation.com or email invest@dallasnews.com.
Statements in this communication concerning DallasNews
Corporation’s (the “Company”) business outlook or future economic
performance, revenues, expenses, cash balance, investments and
other financial and non-financial items that are not
historical facts are “forward-looking statements” as the term is
defined under applicable federal securities laws. Words such as
“anticipate,” “assume,” “believe,” “can,” “could,” “estimate,”
“forecast,” “intend,” “expect,” “may,” “project,” “plan,” “seek,”
“should,” “target,” “will,” “would” and their opposites and similar
expressions are intended to identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties and
other factors that could cause actual results to differ materially
from those statements. Such risks, trends and uncertainties are, in
most instances, beyond the Company’s control, and include changes
in advertising demand and other economic conditions; consumers’
tastes; newsprint and distribution prices; program costs; the
success of the Company’s digital strategy; labor relations;
cybersecurity incidents; and technological obsolescence. Among
other risks, there can be no guarantee that the board of directors
will approve a quarterly dividend in future quarters or that our
financial projections are accurate, as well as other risks
described in the Company’s Annual Report on Form 10-K and
in the Company’s other public disclosures and filings with the
Securities and Exchange Commission. Forward-looking statements,
which are as of the date of this filing, are not updated to reflect
events or circumstances after the date of the statement.
Contact:Katy Murray214-977-8869
DallasNews (NASDAQ:DALN)
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DallasNews (NASDAQ:DALN)
過去 株価チャート
から 5 2023 まで 5 2024