Tag Archives: stock buyback

Utah Medical Products (UTMD) Odd-Lot Tender: $75 for 99 Shares, But the Spread Is Tiny

By | September 16, 2026
0 Comment
Utah Medical Products UTMD odd-lot tender illustration showing the $75 tender price, priority for holders of fewer than 100 shares, and the small spread on 99 shares.

Another odd-lot tender has appeared. This one has excellent mechanics and rather less exciting math. Utah Medical Products, Inc. (NASDAQ: UTMD) announced that it intends to repurchase up to 650,000 shares at $75 per share, representing roughly 20% of the company’s outstanding stock. If the offer is oversubscribed, shareholders owning fewer than 100 shares who tender all of… Read More »

Modified Dutch Auction Buybacks: When Are They a Buy Signal?

By | September 8, 2026
0 Comment
modified-dutch-auction-buyback-buy-signal

When a company announces plans to buy back 10%, 15% or even more of its outstanding stock through a modified Dutch auction, investors should pay attention. That does not mean they should buy the stock. A large self-tender is one of the more consequential capital-allocation decisions a public company can make. Unlike an ordinary open-market repurchase authorization, which… Read More »