Utah Medical Products, Inc. Reports Results of Tender Offer
ACCESSWIRE•29/10/2026•08:30 ET
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Key Highlights
- ➤322,215 UTMD shares purchased for $24,166,125 in expired tender offer
- ➤Tender offer priced at $75.00 per share
- ➤2,854,566 UTMD shares remained outstanding after the offer
- ➤Effective tender-offer cost was $75.36 per share
- ➤Federal government will levy an additional 1% excise tax on repurchases
SALT LAKE CITY, UT / ACCESS Newswire / October 29, 2026 / Utah Medical Products, Inc. (NASDAQ:UTMD) offered to purchase up to 650,000 shares of its common stock at $75.00 per share. The issuer Tender Offer expired Tuesday October 27.
In short, 322,215 shares were purchased for $24,166,125. Remaining UTMD shares outstanding at this date are 2,854,566 including 1,775 employee option exercises in October.
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