Robbins & Myers (RBN) Files Statement To Sell Close To 3M Shares
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Robbins & Myers, Inc. (NYSE: RBN) announced that it has filed a Registration Statement on Form S-3 covering the potential sale of up to 2,994,254 of its shares that are owned by M.H.M. & Co., Ltd. Such 2,994,254 shares represent 8.62% of Robbins & Myers' outstanding shares and one-half of the total number of shares owned by M.H.M. & Co., Ltd.
M.H.M. & Co., Ltd. has advised Robbins & Myers that it may offer the registered common shares from time to time in market or private transactions.
Robbins & Myers will not receive any proceeds from the sale of shares by M.H.M. & Co., Ltd.
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