PCTEL, Inc. (NASDAQ:PCTI) Files An 8-K Other Events
Item 8.01 Other Events
The following information is intended to be furnished under Item
8.01 of Form 8-K, Other Events. This information shall not be
deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the Exchange Act), or
incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing.
On April 28, 2017, the Company announced the declaration of its
regular quarterly dividend of $0.05 per share on its common
stock.The dividend will be payable on May 15, 2017 to
shareholders of record at the close of business on May 8,
2017.This dividend is expected to be a return of capital, thereby
reducing shareholders basis by $0.05 per share.See the Investor
Relations section on the Companys website (www.pctel.com) for
information related to dividends.
The full text of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
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99.1 |
Press release, dated April 28, 2017, of PCTEL, Inc. |
to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Date: May 2, 2017
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PCTEL, INC. |
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By: |
/s/ John W. Schoen |
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John W. Schoen, Chief Financial Officer |
EXHIBIT INDEX
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Exhibit Number |
Description |
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Exhibit 99.1 |
Press release, dated April 28, 2017, of PCTEL, Inc. |
About PCTEL, Inc. (NASDAQ:PCTI)
PCTEL, Inc. (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally. PCTEL antennas and site solutions support networks across the world, including Supervisory Control and Data Acquisition (SCADA) for oil, gas and utilities, fleet management, industrial operations, healthcare, small cell and network timing deployment, defense, public safety, education and broadband access. Its SeeGull flex scanning receivers are used around the world for indoor and drive test applications, including baseline testing, acceptance testing, spectrum clearing, troubleshooting and network optimization. PCTEL provides wireless network testing, commissioning, optimization, design, integration and consulting services. PCTEL, Inc. (NASDAQ:PCTI) Recent Trading Information
PCTEL, Inc. (NASDAQ:PCTI) closed its last trading session up +0.03 at 7.87 with 162,277 shares trading hands.