The Dewey Electronics Corporation (OTCPINK:DEWY) has announced a stock repurchase program valued at up to $2 million. Shares will be repurchased at prices ranging from $3.44 to $4.70 per share. This offer is set to expire at midnight on November 30, 2021, New York City time. Shareholders interested in this offer can contact the information agent, Georgeson LLC, at 866-857-2624 for further inquiries.
The Dewey Electronics Corporation (OTCPINK:DEWY) has posted its FY2021 financial statements for the twelve months ending June 30, 2021, on its official website. Investors can access detailed financial data reflecting the company's performance during this period. The posting is a key step toward transparency and provides stakeholders with essential insights into the company’s fiscal health. For more information, visit www.deweyelectronics.com.
Dewey Electronics Corporation (OTC PINK:DEWY) has posted its financial statements for the six months ending December 31, 2020, on its website. This announcement highlights the company's fiscal performance during the first half of FY2021, although specific financial metrics are not provided in the release. Stakeholders can review the detailed figures directly at www.deweyelectronics.com
The Dewey Electronics Corporation (OTC PINK:DEWY) has announced that its independent auditor has reviewed the financial statements for the fiscal year 2020, which ended on June 30, 2020. These statements have been made available on the company's website, www.deweyelectronics.com. This release underscores the company's commitment to transparency and compliance with reporting standards.
Dewey Electronics Corporation (OTC PINK:DEWY) announced the acquisition of the assets of INI Power, a top provider of small, multi-fuel generators for the US military, from Corbel Capital Partners. INI Power's technology enables gasoline engines to utilize different fuels, enhancing versatility. Dewey plans to manufacture and sell INI's products, with the acquisition expected to boost revenues within 12 to 18 months. CEO John Dewey highlighted the alignment of INI's innovations with Dewey's military generator expertise, aiming to strengthen support for national security.
The Dewey Electronics Corporation (OTC PINK:DEWY) has announced the sale of a portion of its Oakland, NJ real estate. This transaction comes as part of the company's strategy to optimize its asset portfolio. Full details regarding the sale can be found on the company’s website. The decision to divest this property signals a potential shift in company focus and resource allocation, which may influence future financial performance.