Luby's, Inc. to Issue a $0.50 Per Share Cash Liquidating Distribution

HOUSTON, March 11, 2022 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's"), which is in the process of monetizing its assets for the benefit of its shareholders, announced today that the Company's Board of Directors has declared a cash liquidating distribution of $0.50 per share to be paid on March 28, 2022 to shareholders of record as of March 21, 2022. The liquidating distribution is being paid from the net proceeds from recent property sales. The distribution follows an initial distribution of $2.00 per share paid on November 1, 2021.