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Note 8 - Shareholders' Equity
6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
8.
Shareholders’ Equity
 
Stock Repurchase Program
 
On
March 9, 2016,
the Board of Directors of the Company authorized the repurchase of up to
$10,000
 of the Company’s outstanding shares of common stock under a stock repurchase program. In connection with the repurchase authorization, the Company was authorized to complete the repurchase through open market transactions or through an accelerated share repurchase program, in each case to be executed at management’s discretion based on business and market conditions, stock price, trading restrictions, acquisition activity and other factors. The transactions effectuated to date occurred in open market purchases.
 
On
March 1, 2017,
the Board of Directors of the Company renewed and extended the repurchase program for up to an additional
$10,000
of common stock over the next
twelve
months. In connection with the repurchase extension authorization, the Company was authorized to complete the repurchase through open market transactions or through an accelerated share repurchase program, in each case to be executed at management’s discretion based on business and market conditions, stock price, trading restrictions, acquisition activity and other factors. The transactions effectuated to date occurred in open market purchases.
 
Upon expiry of this repurchase program in
March 2018,
the program was
not
renewed again.
 
Cash Dividends
 
On
February 21, 2018,
the Company declared a cash dividend of
$0.07
per share of ClearOne common stock. The dividend was paid on
March 21, 2018
to shareholders of record as of
March 7, 2018.
On
June 13, 2018,
the Company announced the suspension of its dividend program.