Welcome to our dedicated page for Mueller Paul news (Ticker: MUEL), a resource for investors and traders seeking the latest updates and insights on Mueller Paul stock.
Paul Mueller Company (OTC: MUEL) is a plate work manufacturing company headquartered in Springfield, Missouri that builds processing equipment for dairy farms, food and beverage, pharmaceutical, and chemical facilities. This news page aggregates press releases and announcements related to MUEL so readers can review the company’s latest corporate and financial disclosures in one place.
Recent news from Paul Mueller Company covers several key themes. The company regularly issues quarterly earnings releases that include consolidated financial statements, backlog figures, and commentary on the performance of its domestic operations and its Dutch subsidiary, Mueller B.V. These reports often highlight the contribution of the Industrial Equipment segment and pharmaceutical customers to revenue, net income, and backlog trends.
Paul Mueller Company also announces capital allocation decisions such as cash dividends and share repurchase programs. Multiple releases describe Board-approved cash dividends of 30 cents per share and tender offers to repurchase common stock, including details on the number of shares tendered and the total value of shares bought back. Leadership updates, such as the planned retirement of the Chief Financial Officer and the appointment of a new CFO, are communicated through dedicated news items.
In addition, the company issues news about facility expansions and capital projects, including expansions of its Components Products facility and the construction of a building designed for modular construction of large pharmaceutical and processing equipment. Investors and observers can use this news feed to follow MUEL’s earnings reports, backlog developments, capital investments, dividends, share repurchases, and management changes over time.
Paul Mueller Company (MUEL) declared a cash dividend of $0.23 per share on its outstanding common stock and announced the expiration of its share repurchase program. The tender offer expired with 148,874 shares tendered for a total of $11,909,920. The dividend is payable on June 28, 2024, to shareholders of record on May 24, 2024.