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TransAct Technologies Ends Quarterly Cash Dividend On Common Stock

TransAct Technologies Incorporated (NASDAQ:TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that the Board of Directors has ceased, effective

Benzinga · 01/23/2020 13:06

TransAct Technologies Incorporated (NASDAQ:TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that the Board of Directors has ceased, effective immediately, the quarterly cash dividend on the Company's common stock. This decision will make available approximately $2.7 million annually to accelerate the Company's investments in the sales and marketing and continued product development of the BOHA!™ ecosystem.