Cyber Digital, Inc. Announces 50% Stock Dividend
12 Juni 2006 - 3:10PM
Business Wire
Cyber Digital, Inc. (OTC BB: CYBD), an emerging leading designer
and software developer of advanced digital voice and broadband data
switches, announced today that its Board of Directors has declared
a 3-for-2 stock split to be paid in the form of a 50% stock
dividend to the stockholders of record as of June 26, 2006.
Stockholders will receive one additional share for every two shares
held on the record date. The additional shares will be mailed on or
about July 11, 2006 by the company's transfer agent, Continental
Stock Transfer & Trust Company. Currently, there are 22,336,542
shares of common stock outstanding. The number of shares
outstanding after the stock dividend will be approximately
33,504,813 shares. J.C. Chatpar, Chairman of the Board of
Directors, commented, "The Board's decision to declare a 50% stock
dividend reflects our confidence in the outlook for Cyber Digital's
growth and a desire to increase public float, thereby improving
liquidity for investors. Our recent strategic initiatives to pursue
the acquisitions of accretive Competitive Local Exchange Carriers
(CLECs) and Internet Service Providers (ISPs) heighten our
confidence in building a solid company. We look forward to a bright
future for Cyber Digital and appreciate our shareholders' support
and interest." About Cyber Digital, Inc. Cyber Digital, Inc., is a
leading designer and software developer of advanced distributed
digital voice switches and high-performance Internet Protocol (IP)
broadband systems, such as softswitches, routers, gateways,
firewalls and servers for network operators worldwide. For more
information, visit www.cyberdigitalinc.com This press release
contains forward-looking statements, pursuant to the "safe harbor"
provisions as fully described in Cyber's SEC filings.
Cyber Digital (CE) (USOTC:CYBD)
Historical Stock Chart
Von Jan 2025 bis Feb 2025
Cyber Digital (CE) (USOTC:CYBD)
Historical Stock Chart
Von Feb 2024 bis Feb 2025
Echtzeit-Nachrichten über Cyber Digital Inc (CE) (OTCMarkets): 0 Nachrichtenartikel
Weitere Cyber Digital, Inc. News-Artikel