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0.023041474654378 0.023041474654378 0.0368663594470046 0.0368663594470046 0.0322580645161292 0.0435944700460831 0.0414746543778803 0.0414285714285715
Stock impact report

Prophase Labs, Inc. Announces Intention to Commence Tender Offer to Repurchase Up to 1,700,000 Shares of Its Common Stock

ProPhase Labs, Inc. (PRPH) 
US:NASDAQ Investor Relations: prophaselabs.com/investors/annual-reports
Company Research Source: GlobeNewswire
DOYLESTOWN, Pa., Nov. 10, 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 intends to commence a tender offer to purchase up to 1,700,000 shares of its common stock at a price per share of $2.30 per share.  The Company anticipates that the tender offer will be launched on or before November 20, 2017 and will remain open for at least 20 business days from initiation. If the maximum number of shares to be purchased in the tender offer were in fact tendered, the number of shares that would then be purchased in the tender offer represents approximately 13.7% of ProPhase’s currently issued and outstanding common shares.  If stockholders tender more than 1,700,000 shares, the maximum sought in the tender offer, ProPhase will purchase shares from all stockholders who properly tender shares, on a pro rata basis, based on the aggregate number of shares Show less Read more
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