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1.2509555207044E-16 1.2509555207044E-16 1.2509555207044E-16 1.2509555207044E-16 1.2509555207044E-16 1.2509555207044E-16 1.2509555207044E-16 1.2509555207044E-16
Stock impact report

Clarus Announces Terms for Modified Dutch Auction Tender Offer

Clarus Corporation (CLAR) 
NASDAQ:AMEX Investor Relations: claruscorp.com
Company Research Source: GlobeNewswire
- Plan to shortly launch a modified Dutch auction tender offer to repurchase up to $7,200,000 in value of shares of common stock at a purchase price of not greater than $7.20 nor less than $6.60 per share - Clarus directors and executive officers will not participate in the tender offer, thereby potentially increasing their aggregate economic ownership of the Company SALT LAKE CITY, May 07, 2018 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) (“Clarus” and/or the “Company”) today announced its plan to launch a modified Dutch auction tender offer (“Tender Offer”) to purchase up to $7,200,000 of shares of its common stock, par value $0.0001 per share (the “Shares”) at a purchase price not greater than $7.20 nor less than $6.60 per share (the “Purchase Price”). On May 7, 2018, the closing price of Clarus’ common stock was $7.10 per share. The Tender Offer is expected to commence tomorrow, May 8, 2018, and to expire at 11:59 p.m., New York City Time, on June 5, 2018, unless the o Show less Read more
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