Paul Mueller Company Board of Directors Approves Share Repurchase Program

SPRINGFIELD, Mo., March 31, 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 60,000 shares of the Company's common stock ("Shares") at a purchase price of $250 per Share, up to $15,000,000 (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 March 31, 2025, and will expire on May 7, 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 ...

https://www.benzinga.com/pressreleases/25/03/g44573973/paul-mueller-company-board-of-directors-approves-share-repurchase-program