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0.00440528634361244 0.00440528634361244 0.00440528634361244 0.00440528634361244 0.00440528634361244 0.00220264317180612 0.00220264317180612 0.000484581497797401
Stock impact report

ProPhase Labs, Inc. Announces Commencement of Tender Offer to Repurchase Up to 1.7 Million Shares of Its Common Stock at Price of $2.30 Per Share

ProPhase Labs, Inc. (PRPH) 
US:NASDAQ Investor Relations: prophaselabs.com/investors/annual-reports
Company Research Source: GlobeNewswire
DOYLESTOWN, Pa., Nov. 20, 2017 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ:PRPH) (www.ProPhaseLabs.com), a diversified natural health medical science company (the “Company” or “ProPhase”), today announced that it has commenced a tender offer to purchase up to 1.7 million shares of its common stock at a price of $2.30 per share.  The number of shares proposed to be purchased in the tender offer represents approximately 13.7% of the approximately 12.4 million shares of ProPhase’s common stock issued and outstanding as of November 14, 2017.  The last reported sale price of ProPhase’s common stock on November 9, 2017, the last full trading day before ProPhase announced its intention to commence the tender offer, was $2.13 per share. The tender offer will expire at 12:00 midnight, New York City time, on Monday, December 18, 2017, unless extended by ProPhase.  Tenders of shares must be made on or prior to the expiration of the tender offer and may be withdrawn at any time on or prior Show less Read more
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