PMMIC Share Repurchase – 2019
The PMMIC Board has approved an offer to repurchase shares of PMMIC stock from existing shareholders. The official offer was mailed to all shareholders the week of May 27, 2019. Offers must be returned to PMMIC no later than June 27, 2019 to be accepted. PMMIC anticipates completion of the repurchase during the third quarter of 2019.
The offer price is based upon a company valuation conducted by HDH Advisors, based upon December 31, 2018 year end financials. Documents associated with the repurchase are available on the shareholder website. Also available are financials through April 2019 and past valuation reports.
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