Crawford & company board declares quarterly dividends

Atlanta, may 18, 2020 (globe newswire) -- on may 15, 2020, at its regular quarterly meeting, the board of directors of crawford & company declared a quarterly dividend of $0.03 per share on the class a common stock and $0.03 per share on the class b common stock, payable on june 12, 2020, to shareholders of record as of the close of business on june 2, 2020. the company’s two classes of stock are substantially identical, except with respect to voting rights and the company’s ability to pay greater cash dividends on the non-voting class a common stock than on the voting class b common stock, subject to certain limitations. in addition, with respect to mergers or similar transactions, holders of class a common stock must receive the same type and amount of consideration as holders of class b common stock, unless different consideration is approved by the holders of 75% of the class a common stock, voting as a class.
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