Natural Health Trends Corp

Natural Health Trends Corp(NHTC)資訊與事件

$1.600

-0.103 (-6.43%)收盤時

NHTC 資訊

NHTC 事件

2/17 16:50

Natural Health Repurchases Shares from George K. Broady Family for $5.9M

Natural Health announced that it has entered into an agreement to repurchase all of the shares of the company's common stock beneficially owned by the George K. Broady family in a negotiated transaction. The transaction was reviewed and approved by a special committee of the company's board of directors. Prior to the transaction, the George K. Broady 2012 Irrevocable Trust and the Eleanor Jane Broady 2012 Irrevocable Trust collectively held 2,935,227 shares of the company's stock, representing approximately 25.5% of the company's outstanding shares. The company has repurchased these shares for an aggregate purchase price of approximately $5.9M, or $2.00 per share, funded from existing cash on hand. Following completion of the transaction, the Company will have 8,577,848 shares of common stock outstanding. The repurchase was effected pursuant to the company's previously announced $70M share repurchase program. After giving effect to this transaction, the company expects to have approximately $16M remaining available for future repurchases under the program, inclusive of related estimated income tax. As a result of the reduced share count, the company expects annual dividend requirements will decline by approximately $1.2M, based on the current dividend rate.

2/4 09:10

Natural Health Trends Corp Q4 Revenue at $9.7M

Reports Q4 revenue $9.7M vs $10.8M last year. "In the fourth quarter we managed to achieve a 3% sequential increase in revenue despite the difficult macroeconomic environment and continued pressure on consumer sentiment. We have substantially completed the major restructuring initiatives announced last quarter and expect to realize most of the associated $1.5 million annualized cost savings in the coming year. We also relocated about 40% of our total product sourcing base from America to East Asia, much closer to our main markets, to reduce tariff uncertainty and streamline logistics," said Chris Sharng, President of Natural Health Trends Corp.

11/5 09:03

Natural Health Trends announces Q3 EPS of 4 cents compared to 0 cents in the previous year.

Reports Q3 revenue $9.477M vs $10.691M last year. "The economic outlook in our largest market remains challenging in the near term. We are undertaking a major restructuring, which we expect will result in $1.5 million annualized savings. Our ongoing measures include optimizing our workforce and relocating product manufacturing to Asia. As part of these restructuring initiatives, we expect to incur a one-time charge of approximately $250,000 in the fourth quarter and anticipate a reduction in our quarterly cash dividend to $0.10 per share beginning in the first quarter next year," commented Chris Sharng, President of Natural Health Trends Corp.

本頁僅供研究參考,不構成投資建議。模型可能出錯。過往表現不代表未來結果。

免費開始