American software announces tax treatment of 2023 distributions

Atlanta--(business wire)--american software, inc. (nasdaq: amswa) has determined that certain 2023 distributions are considered to be return of capital (non-dividend) distributions. this tax treatment will affect shareholders' tax basis in their shares. to assist investors with tax reporting, form 8937, report of organizational actions affecting basis of securities has been posted on the investor section of the company's website under “investor relations.” shareholders should consult their tax.
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