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Cryo-Cell International, Inc. (The Nasdaq Stock Market Symbol: CCEL) ("Cryo-Cell"), the world's first private cord blood bank to separate and store stem cells in 1992, announced today that its Board of Directors declares a one-time, special cash dividend of $0.90 per share of common stock to be paid to its shareholders of record as of the close of business on September 2, 2022.
Cryo-Cell's Chairman of the Board and Co-CEO, David Portnoy, stated "Cryo-Cell's Board of Directors is pleased to reward its many long-time shareholders with this cash distribution while remaining committed to advancing cellular therapies using cord blood and cord tissue into clinical applications to help treat patients."
Posted In: CCEL