PhoneX Holdings, Inc. Declares Special Cash Dividend of $1.15 Per Share
Summary
PhoneX Holdings announced a special cash dividend of $1.15 per share, pending regulatory approval. The company set the payment date for October 1, 2025 and the record date for September 22, 2025. Management said the dividend follows the sale of a majority stake in We Sell Cellular and reflects confidence in the company’s software business. PhoneX also said it has enough cash to keep expanding its SaaS platform that supports wholesale trade of pre-owned mobile devices.
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
ERP Software
Warehouse Management Software
Linked Companies
PhoneX, Inc.
$1M to $5M