Overstock.com Announces Annual Dividend on Series A and Series B Preferred Stock
November 12 2018 - 5:14PM
Overstock.com, Inc. (NASDAQ:OSTK) announces that its Board of
Directors has declared a regular annual cash dividend for 2018 of
$0.16 per share on its Blockchain Voting Series A Preferred Stock
and a regular annual cash dividend for 2018 of $0.16 per share on
its Voting Series B Preferred Stock, in each case payable on
December 14, 2018 to stockholders of record on November 30,
2018.
The ex-dividend date for the Series B Preferred dividend is
expected to be November 28, 2018. Holders and potential investors
in the Series B Preferred shares may confirm the ex-dividend date
for the Series B Preferred dividend on the OTCQX website operated
by OTC Markets when posted.
About Overstock.com
Overstock.com, Inc Common Shares (NASDAQ:OSTK) / Series A
Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B
Preferred (OTCQX:OSTBP) is an online retailer and technology
company based in Salt Lake City, Utah. It’s leading e-commerce
website sells a broad range of new products at low prices,
including furniture, décor, rugs, bedding, home improvement,
jewelry, and more. The online shopping site, which is visited by
nearly 40 million customers a month, also features a marketplace
providing customers access to millions of products from third-party
sellers. Overstock was the first major retailer to accept
cryptocurrency in 2014, and in the same year founded Medici
Ventures, its wholly-owned subsidiary developing and accelerating
blockchain technologies to democratize capital, eliminate
middlemen, and re-humanize commerce. Overstock regularly posts
information about the company and other related matters on the
Newsroom and Investor Relations pages on its website,
Overstock.com.
O, Overstock.com, O.com, Club O, Main Street
Revolution, and Worldstock are registered trademarks of
Overstock.com, Inc. O.biz and Space Shift are also
trademarks of Overstock.com, Inc. Other service marks, trademarks
and trade names which may be referred to herein are the
property of their respective owners.
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements include all statements other than
statements of historical fact. Additional information regarding
factors that could materially affect results and the accuracy of
the forward-looking statements contained herein may be found in the
Company's Form 10-Q for the quarter ended September 30, 2018, which
was filed with the SEC on November 9, 2018, and any subsequent
filings with the SEC.
SOURCE: Overstock.com, Inc.
Media Contact:pr@overstock.com
Investor Contact:ir@overstock.com
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