Alliance Semiconductor Announces Special Cash Dividend.
SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Alliance Semiconductor Corporation (Pink Sheets:ALSC ALSC Association for Library Service to Children
ALSC Adirondack Lakes Survey Corporation
ALSC Afloat Logistics and Sealift Capability
ALSC American Lumber Standards Committee, Inc.
ALSC Advanced Logistics Systems Center (AFMC) ) announced today that its Board of Directors declared a special one-time one-time
1. or one·time
a. Occurring or undertaken only once: a one-time winner in 1995.
b. cash dividend of $0.25 per share. The dividend is payable April 8, 2008 to shareholders of record as of March 31, 2008.
"The Board of Directors is pleased to return additional value to the Company's stockholders through the payment of this dividend," said Mel Keating, Alliance's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The dividend follows a special cash dividend of $3.75 per share that was paid to the Company's stockholders on July 17, 2007. Mr. Keating added, "Management and the Board continue to evaluate alternatives for the direction of the Company, consistent with realizing value for the Company's stockholders."