Absolute Declares Quarterly Dividend
Vancouver, Canada: January 20, 2017 — Absolute the industry standard for persistent endpoint security and data risk management solutions, today announced that on January 20, 2017 its Board of Directors declared a quarterly dividend of $0.08 CAD per share on its common shares, payable in cash on February 24, 2017 to shareholders of record at the close of business on February 3, 2017.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
Absolute takes a new approach to cybersecurity with the first self-healing endpoint security solution that delivers uncompromised visibility and offers near real-time remediation of breaches at the source. Absolute’s cloud-based platform puts IT and security professionals in total command of devices, data and applications — whether on or off the network — to enhance IT asset management, protect sensitive data, reduce insider threats, and ensure compliance. Absolute's patented Persistence technology is embedded in the firmware of more than one billion PC and mobile devices from global manufacturers including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Microsoft, Panasonic, Samsung, and Toshiba. Absolute is headquartered in Vancouver, Canada, and has offices around the world. For more information, visit www.absolute.com.
©2017 Absolute Software Corporation. All rights reserved. Absolute and Persistence are registered trademarks of Absolute Software Corporation. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.
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