Paul Mueller Company (MUEL) approves stock buyback plan

Paul Mueller Company (OTC: MUEL) today announced that the Board of Directors has approved a tender offer to repurchase up to 60,000 shares of the Company’s common stock at a purchase price of $250 per Share, up to $15,000,000. 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 described in more detail in the Company’s Offer to Purchase dated March 31, 2025 (the “Offer to Purchase”), which is being mailed to all eligible shareholders and is available at paulmueller.computersharecas.com. 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 the week of March 31, 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 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.

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