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Paul Mueller Company Announces Expiration of Share Repurchase Program and Declares Quarterly Cash Dividend.
GlobeNewswire·2025-05-09 22:02

Group 1 - Paul Mueller Company declared a cash dividend of 0.30pershareonitsoutstandingcommonstock[1]ThedividendispayableonJune27,2025,toshareholdersofrecordonMay27,2025[1]ThedecisionwasmadebyunanimousconsentoftheBoardofDirectorsonMay9,2025[1]Group2AtenderofferthatexpiredonMay8,2025,resultedin6,654sharesbeingtenderedforatotalof0.30 per share on its outstanding common stock [1] - The dividend is payable on June 27, 2025, to shareholders of record on May 27, 2025 [1] - The decision was made by unanimous consent of the Board of Directors on May 9, 2025 [1] Group 2 - A tender offer that expired on May 8, 2025, resulted in 6,654 shares being tendered for a total of 1,663,500 [2] - Funds from the tender offer will be delivered to the Depository Trust Company on May 12, 2025, for disbursement to brokerage accounts [2] - Checks will be mailed to registered shareholders who correctly tendered their shares on May 13, 2025 [2]