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Hudson Global Declares Partial Cash Dividend for its 10% Series A Cumulative Perpetual Preferred Stock
Globenewswireยท 2025-08-22 12:35
Core Points - Hudson Global, Inc. announced a partial cash dividend of $0.025 per share for its 10% Series A Cumulative Perpetual Preferred Stock, effective from August 22, 2025, with a record date of September 1, 2025, and a payment date of September 10, 2025 [1] - The company completed a merger with Star Equity Holdings, which resulted in the automatic conversion of Star's preferred stock into Hudson Global's Series A preferred stock, trading under the ticker symbol "HSONP" [3] Company Overview - Hudson Global, Inc. is a diversified holding company with four business divisions: Building Solutions, Business Services, Energy Services, and Investments [4] Business Divisions - **Building Solutions**: This division includes modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber (glulam) column, beam, and truss manufacturing [5] - **Business Services**: Provides flexible recruitment solutions for clients at all organizational levels, focusing on mid-market and enterprise-level organizations globally [6] - **Energy Services**: Engages in the rental, sale, and repair of downhole tools for various industries including oil and gas, geothermal, mining, and water-well [7] - **Investments**: Manages and finances the company's real estate assets and investment positions in both private and public companies [8]