PARK AEROSPACE CORP. COMMENTS ON SCHEDULE 13D FILED BY RAGING CAPITAL MANAGEMENT, LLC
Park Aerospace Corp. (PKE)
Last park aerospace corp. earnings: 1/4 08:30 am
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Source: GlobeNewswire
WESTBURY, N.Y., April 01, 2020 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) offered comments on the Schedule 13D filed by Raging Capital Management, LLC on March 30, 2020 encouraging Park to “aggressively buy back [the Company’s] stock via the Company’s existing and an expanded buyback program”. Park’s comments are as follows: Park has an existing stock buy-back authorization for 1,394,015 shares of its stock. Park is currently in a “black-out” period and therefore is not able to buy its stock on the open market until after Park announces its results for the fiscal year and fourth quarter ended March 1, 2020. Park expects to announce those results on or before May 15, 2020. Park’s management is in regular communication with its key shareholders, including Raging Capital, on an ongoing basis, and Park values its relationships with its shareholders and the inputs and recommendations received from them. Park’s board of directors regularly reviews and evaluates the Company
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News
- Park Aerospace Corp. Announces 40th Anniversary of Original Listing on New York Stock Exchange [Yahoo! Finance]Yahoo! Finance
- Park Aerospace Corp. Announces 40th Anniversary of Original Listing on New York Stock ExchangeGlobeNewswire
- Park Aerospace Corp. Announces Election of Chris Goldner as Vice President-Finance and the Planned Retirement of Matt Farabaugh as the Company's Long Time CFO [Yahoo! Finance]Yahoo! Finance
- Park Aerospace Corp. Announces Election of Chris Goldner as Vice President-Finance and the Planned Retirement of Matt Farabaugh as the Company’s Long Time CFOGlobeNewswire
- Park Aerospace Corp. (NYSE:PKE) is largely controlled by institutional shareholders who own 83% of the company [Yahoo! Finance]Yahoo! Finance
PKE
Sec Filings
- 5/1/24 - Form 3
- 4/29/24 - Form 8-K
- 2/13/24 - Form SC
- PKE's page on the SEC website