American Software’s Board Approves the Quarterly Cash Dividend
August 21 2024 - 4:47PM
Business Wire
American Software, Inc. (NASDAQ: AMSWA) today announced that its
Board of Directors declared a quarterly dividend of $.11 per share.
The dividend is payable to the Company’s Class A Shareholders of
record at the close of business on November 15, 2024, to be paid on
or about November 29, 2024.
About American Software, Inc.
Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through
its operating entity Logility, delivers optimized demand,
inventory, manufacturing, and supply planning tools – helping give
executives the confidence and control to increase margins and
service levels, while delivering sustainable supply chains.
Logility is a market-leading provider of AI-first supply chain
management software engineered to help organizations build
sustainable digital supply chains that improve people’s lives and
the world we live in. The company’s approach is designed to
reimagine supply chain planning by shifting away from traditional
“what happened” processes to an AI-driven strategy that combines
the power of humans and machines to predict and be ready for what’s
coming. Logility’s fully integrated, end-to-end platform helps
clients know faster, turn uncertainty into opportunity, and
transform the supply chain from a cost center to an engine for
growth.
With over 550 clients in 80 countries, Logility is proud to work
with some of the world’s leading brands, such as Reynolds Consumer
Products, Denso, Sandvik, and Ansell. The company is headquartered
in Atlanta, GA. Logility is a wholly-owned subsidiary of American
Software, Inc. (NASDAQ: AMSWA). Learn more at www.logility.com. You
can learn more about American Software at www.amsoftware.com.
Forward Looking
Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. There are a number
of factors that could cause actual results or performance to differ
materially from what is anticipated by statements made herein.
These factors include, but are not limited to, continuing U.S. and
global economic uncertainty and the timing and degree of business
recovery; the irregular pattern of the Company’s revenues;
dependence on particular market segments or customers; competitive
pressures; market acceptance of the Company’s products and
services; technological complexity; undetected software errors;
potential product liability or warranty claims; risks associated
with new product development; the challenges and risks associated
with integration of acquired product lines, companies and services;
uncertainty about the viability and effectiveness of strategic
alliances; the Company’s ability to satisfy in a timely manner all
Securities and Exchange Commission (SEC) required filings and the
requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and
the rules and regulations adopted under that Section; as well as a
number of other risk factors that could affect the Company’s future
performance. For further information about risks the Company could
experience as well as other information, please refer to the
Company’s current Form 10-K and other reports and documents
subsequently filed with the SEC. For more information, contact:
Kevin Liu, American Software, Inc., (404) 364-7615 or email
kliu@amsoftware.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240821887657/en/
Vincent C. Klinges Chief Financial Officer American Software,
Inc. (404) 264-5477
American Software (NASDAQ:AMSWA)
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