Paul Mueller Company Board of Directors Approves Share Repurchase Program
Rhea-AI Summary
Paul Mueller Company (OTC: MUEL) announced a Board-approved tender offer to repurchase up to 35,000 shares at $440 per share, for a Maximum Aggregate Purchase Price of $15,400,000. The Tender Offer begins May 8, 2026 and expires June 5, 2026 unless extended.
Computershare serves as Depositary; Georgeson LLC is Information Agent. The Offer to Purchase mailed to eligible shareholders describes conditions, withdrawal rights, and acceptance terms.
Positive
- Board-approved tender offer to repurchase up to 35,000 shares
- Maximum aggregate purchase price set at $15,400,000
- Fixed purchase price of $440 per share for tendered shares
Negative
- Shareholders have limited rights to withdraw tendered shares
- Acceptance of tenders is subject to conditions described in the Offer to Purchase
News Market Reaction – MUEL
In the May 8 session, MUEL gained 3.62%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SPRINGFIELD, Mo., May 07, 2026 (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 35,000 shares of the Company’s common stock (“Shares”) at a purchase price of
The Tender Offer will begin on May 8, 2026, and will expire on June 5, 2026, 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 May 8, 2026 (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 May 8, 2026. 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 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: Dan Winters | Paul Mueller Company | Springfield, MO 65802 | (417) 575-9000
dwinters@paulmueller.com | http://paulmueller.com
