NAM TAI PROPERTY INC. Reports Q2 2015 Results

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Nam Tai Property (NTP) Reports Q2 EPS of $0.02; Announces 15M Common Stock Tender Offer

August 3, 2015 6:27 AM EDT

Nam Tai Property (NYSE: NTP) reported Q2 EPS of $0.02, versus ($0.10) reported last year.

The company also announced that its board of directors has approved and it is commencing a cash tender offer today to purchase up to fifteen million (15,000,000) of its issued and outstanding Common Stock, par value $0.01 per share (the "Shares") at a purchase price of $5.50, net per share. The tender offer will be subject to the... More