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Hurco Companies, Inc. Announces Suspension of Quarterly Cash Dividend
HURCHurco(HURC) GlobeNewswire News Room·2024-06-14 12:00

"While it was a difficult decision, we believe that temporarily suspending the quarterly cash dividend on Hurco's common stock will provide near-term benefits to our cash flow management while also allowing us to enhance our balance sheet and more optimally allocate available capital among various strategies. We remain dedicated to furthering our shareholders' interests, including, when appropriate, distributing a meaningful portion of available cash through dividends on our common stock during periods of p ...