Paul Mueller Company Board of Directors Approves Share Repurchase Program

Rhea-AI Summary

Paul Mueller Company (OTC: MUEL) announced a tender offer to repurchase up to 31,000 shares of common stock at $485 per share, for a maximum aggregate purchase price of $15,035,000. The Tender Offer begins October 24, 2025 and will expire on November 21, 2025 at 5:00 CDT, unless extended. The Board said the Offer is intended to return excess cash and provide supplemental liquidity to shareholders. Detailed terms, conditions, and limited shareholder withdrawal rights are described in the company’s Offer to Purchase dated October 24, 2025, available at paulmueller.com/investors. Computershare and Computershare Trust Company, N.A. serve as Depositary; Georgeson LLC is Information Agent.

Positive

• Tender offer to repurchase up to 31,000 shares
• Purchase price set at $485 per share
• Maximum aggregate purchase price of $15,035,000
• Offer window: Oct 24–Nov 21, 2025
• Board frames offer as returning excess cash to shareholders

Negative

• Shareholders have limited rights to withdraw tendered shares

SPRINGFIELD, Mo., Oct. 24, 2025 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) (the “Company”) today announced that the Board of Directors has approved a tender offer (the “Tender Offer”) to repurchase up to 31,000 shares of the Company’s common stock (“Shares”) at a purchase price of $485 per Share, up to $15,035,000 (the “Maximum Aggregate Purchase Price”). The Board believes that this Offer reinforces the Company’s commitment to return excess cash and provide a supplemental source of liquidity to its shareholders.

The Tender Offer will begin on October 24, 2025, and will expire on November 21, 2025, at 5:00 CDT unless extended by the Company. The terms of the Tender Offer, including conditions to the Company’s obligation to accept validly tendered shares and the limited rights of shareholders to withdraw tendered Shares, are described in more detail in the Company’s Offer to Purchase dated October 24, 2025 (the “Offer to Purchase”), which is being mailed to all eligible shareholders and is available at paulmueller.com/investors.   The Offer to Purchase should be read in conjunction with this press release. Shareholders possessing actual physical stock certificates will be mailed copies of the Offer to Purchase and instructions from the Company’s transfer agent, Computershare, Inc., beginning on October 24, 2025. Shareholders whose shares are held in street name by their broker will be contacted by their broker regarding the Tender Offer process.

Computershare, Inc. and its affiliate Computershare Trust Company, N.A., are serving as the Depositary for the Tender Offer. Questions regarding the Tender Offer may be directed to Georgeson LLC, which is acting as Information Agent, at (833) 880-1251.

This press release is neither an offer to purchase nor a solicitation of an acceptance of securities. No offer, solicitation, purchase, or sale will be made in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The Tender Offer is being made solely pursuant to the terms and conditions set forth in the Offer to Purchase and accompanying materials.

This press release contains forward-looking statements that provide current expectations of future events based on certain assumptions. All statements regarding future performance, growth, conditions, or developments are forward-looking statements. Actual future results may differ materially from those described in the forward-looking statement due to a variety of factors, including, but not limited to, the factors stated in the Company’s Annual Report under “Safe Harbor for Forward-Looking Statements,” which is available at paulmueller.com. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances.

Press Contact: Ken Jeffries | Paul Mueller Company | Springfield, MO 65802 | (417) 575-9000 | Kjeffries@paulmueller.com | http://paulmueller.com

FAQ

What are the terms of Paul Mueller Company’s (MUEL) share repurchase tender offer announced October 24, 2025?

The offer repurchases up to 31,000 shares at $485 per share, up to $15,035,000, beginning Oct 24, 2025 and expiring Nov 21, 2025 at 5:00 CDT.

How long is MUEL’s tender offer open and when does it expire?

The Tender Offer begins on October 24, 2025 and expires on November 21, 2025 at 5:00 CDT, unless extended.

What is the purchase price per share in Paul Mueller Company’s (MUEL) buyback?

The company set the purchase price at $485 per share.

Where can MUEL shareholders find full details and instructions for the October 24, 2025 tender offer?

Full terms and instructions are in the Offer to Purchase dated October 24, 2025, available at paulmueller.com/investors and mailed to eligible shareholders.

Who are the depositary and information agent for MUEL’s October 2025 tender offer?

Computershare and Computershare Trust Company, N.A. are the Depositary; Georgeson LLC is the Information Agent (833-880-1251).

What does MUEL say is the purpose of the October 24, 2025 tender offer?

The Board said the offer is intended to return excess cash and provide a supplemental source of liquidity to shareholders.