XML 33 R23.htm IDEA: XBRL DOCUMENT v3.23.2
Subsequent Events
6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events

NOTE 18 - SUBSEQUENT EVENTS

Dividend

On August 3, 2023, the board approved a $0.14 per share cash dividend. The dividend will be paid on October 13, 2023 to shareholders of record as of the close of business on September 8, 2023.

Divestiture

On July 19, 2023, the Company entered into a definitive agreement to sell its U.S. Commercial Marketing business. The proposed sale is in line with the Company’s strategy to streamline its business and deploy resources to support its key growth markets. The sale is expected to close prior to the end of the third quarter.