Core Molding Technologies, Inc. Adopts Limited Duration Stockholder Rights Plan
Core Molding Technologies Inc (CMT)
NASDAQ:AMEX Investor Relations:
coremt.com/investor-relations/corporate-overview
Company Research
Source: PR Newswire
COLUMBUS, Ohio, April 21, 2020 /PRNewswire/ -- Core Molding Technologies, Inc. (NYSE American: CMT) (the "Company"), today announced that its Board of Directors (the "Board") has adopted a limited duration stockholder rights plan.The plan, which has a term of 364 days, is designed to protect against any potential future use of coercive or abusive takeover techniques and to help ensure that the Company's stockholders are not deprived of the opportunity to realize the full and fair value of their investment. In adopting the plan, the Board has taken note of the unprecedented impact of the COVID-19 pandemic on the Company, including in the Company's stock price, the substantial increase in trading volume and market volatility, and the significant impact the pandemic has had across the manufacturing industry. The plan, which was adopted following evaluation and consultation with the Company's outside legal advisors, is similar to plans adopted by numerous publicly traded companies.The pla
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CMT
Earnings
- 8/6/24 - Beat
CMT
Sec Filings
- 10/22/24 - Form SC
- 9/17/24 - Form 4
- 9/16/24 - Form 4
- CMT's page on the SEC website