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0.00490196078431362 0.00490196078431362 0.00490196078431362 0.00490196078431362 -0.0146568627450981 0.00490196078431384 0.00490196078431384 -0.00735294117647065
Stock impact report

ProPhase Labs Repurchases 1,061,980 Shares of Its Common Stock

ProPhase Labs, Inc. (PRPH) 
US:NASDAQ Investor Relations: prophaselabs.com/investors/annual-reports
Company Research Source: Marketwire
DOYLESTOWN, PA -- (Marketwired) -- 06/13/17 -- ProPhase Labs, Inc. (NASDAQ: PRPH) (www.ProPhaseLabs.com) today reported that that on June 12, 2017 it entered into a Stock Purchase Agreement with each of Mark S. Leventhal, a former director of the Company, and certain other persons and entities associated and/or affiliated with Mr. Leventhal (the "Leventhal Holders"), pursuant to which it purchased at the closing today all 1,061,980 shares of common stock of the Company then held by the Leventhal Holders, representing an approximate 6.2% aggregate ownership interest in the Company (based on 17,221,776 shares of common stock outstanding as of June 12, 2017). Upon consummation of the transactions, the Leventhal Holders ceased to hold any direct or indirect ownership interest in the Company. Additionally, the number of shares of common stock outstanding decreased from 17,221,776 to 16,159,796 as of June 13, 2017. Pursuant to the terms of the Purchase Agreements, the tot Show less Read more
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