Huttig Building (HBP) Announces Review of Strategic Alternatives

October 13, 2021 4:01 PM EDT

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Huttig Building Products, Inc. (“Huttig” or the “Company”) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, today announced that its Board of Directors, consistent with its strategic review process and in consultation with its financial and legal advisors, has initiated a process to evaluate potential strategic alternatives to maximize shareholder value.

No assurances can be given regarding the outcome or timing of the review process. Huttig has not set a timetable for completion of the review process and does not intend to disclose developments related to the process unless and until the Board determines that further disclosure is appropriate or required.

Huttig has retained Lincoln International as its financial advisor to assist with the strategic review process.



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