Paul Mueller Company (MUEL) approves stock buyback plan

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Paul Mueller Company Board of Directors Approves Share Repurchase Program

March 31, 2025 5:36 PM EDT

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 Companys 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 Companys 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... More