Paul Mueller Company Announces Expiration of Share Repurchase Program and Declares Quarterly Cash Dividend.

Rhea-AI Summary

Paul Mueller Company (OTC: MUEL) has announced two significant shareholder actions. First, the company declared a quarterly cash dividend of $0.30 per share, payable on June 27, 2025, to shareholders of record as of May 27, 2025. Second, the company's previously announced tender offer has expired on May 8, 2025, with 6,654 shares being tendered for a total of $1,663,500. The payment process for the tender offer will be handled by Computershare, with funds being disbursed through the Depository Trust Company to brokers on May 12, 2025, and direct checks mailed to registered shareholders on May 13, 2025.

Positive

• Declared quarterly dividend of $0.30 per share, demonstrating commitment to shareholder returns
• Successfully completed share repurchase program worth $1,663,500, potentially enhancing shareholder value
• Clear timeline for dividend and tender offer payments shows strong corporate governance

Negative

• Relatively small number of shares (6,654) tendered in the repurchase program, possibly indicating limited shareholder participation

News Market Reaction

+2.78%

1 alert

+2.78% News Effect

On the day this news was published, MUEL gained 2.78%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SPRINGFIELD, Mo., May 09, 2025 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced that its Board of Directors has declared a cash dividend of 30 cents ($0.30) per share on its outstanding common stock.

The action was taken on May 9, 2025, by unanimous consent of the Board of Directors. The dividend of 30 cents ($0.30) per share is payable on June 27, 2025, to shareholders of record on May 27, 2025.

Additionally, on May 8, 2025, the tender offer, announced on March 31, 2025, expired with 6,654 shares being tendered for a total of $1,663,500. On May 12, 2025, Computershare, the Depository for the tender offer, will deliver funds to the Depository Trust Company to be disbursed to the brokerage accounts of those who tendered shares. On May 13, 2025, Computershare will mail checks to those registered shareholders who correctly tendered their shares.

Press Contact: Ken Jeffries | Paul Mueller Company | Springfield, MO 65802 | 417-575-9000
kjeffries@paulmueller.com | paulmueller.com

FAQ

What is the dividend amount and payment date for MUEL stock?

Paul Mueller Company (MUEL) declared a quarterly cash dividend of $0.30 per share, payable on June 27, 2025, to shareholders of record as of May 27, 2025.

How many shares were tendered in MUEL's share repurchase program?

6,654 shares were tendered in the share repurchase program for a total value of $1,663,500.

When will MUEL shareholders receive payment for tendered shares?

Brokerage account holders will receive funds on May 12, 2025, while registered shareholders will receive checks by mail on May 13, 2025.

What is the record date for MUEL's quarterly dividend?

The record date for Paul Mueller Company's quarterly dividend is May 27, 2025.