Tag Archives: Utah Medical Products (UTMD)

UTMD Extends $75 Tender to Oct. 27—and Puts Earnings Before the Deadline

Utah Medical Products ($UTMD) has extended its $75-per-share self-tender by almost three weeks, moving the expiration from October 7 to October 27. The company said the extension gives shareholders more time to decide and, specifically, lets them see UTMD’s third-quarter results before the tender closes. Those results are scheduled for October 22, five days before the new deadline.… Read More »

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

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 »