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Stock impact report

DHI Group Adopts Tax Benefit Preservation Plan to Protect Capital Loss Carryforwards and Stockholder Value

DHI Group, Inc. (DHX) 
Last dhi group, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: dhigroupinc.com/investors/default.aspx
Company Research Source: Business Wire
CENTENNIAL, Colo.--(BUSINESS WIRE)--DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) announced today that it has adopted a shareholder rights plan designed to protect stockholder value by preserving the availability of the Company’s net capital loss carryforwards (“Carryforwards”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “Code”) (such plan, the “Section 382 Rights Plan”).The Company estimates that as of September 30, 2024, the Company had Carryforwards of approximately $109 million, which Carryforwards represent a valuable asset to the Company and its stockholders and are available to reduce the Company's future federal income tax expense relating to capital gains.The Company’s ability to utilize its Carryforwards would be substantially limited if it experienced an "ownership change" within the meaning of Section 382 of the Code. In general, a company would undergo an ownership change if its "5-percent shareholders" (determined under Se Show less Read more
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