NN, Inc. Adopts Limited Duration Shareholder Rights Plan
NN, Inc. (NNBR)
Last nn, inc. earnings: 3/12 07:25 pm
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US:NASDAQ Investor Relations:
investors.nninc.com
Company Research
Source: PR Newswire
CHARLOTTE, N.C., April 16, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR) ("NN" or the "Company"), a diversified industrial company, today announced that its Board of Directors has adopted a limited duration rights plan (the "Rights Plan").In adopting the Rights Plan, the Board of Directors has taken note of the substantial increase in market volatility and uncertainty as a result of the COVID-19 pandemic, as well as its impact on NN Inc's stock price and trading patterns. Given the current unprecedented environment caused by the pandemic, the recent unusually high trading levels in the Company's shares, as well as the importance of maintaining focus on the Company's operations, safeguarding the welfare of employees and serving customers, the Board believes adopting the Rights Plan is in the best interest of all NN stockholders. The Board also considered the adoption of the Rights Plan at this time to encourage interested parties to participate in the Company's ongoing strategic review
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NNBR
Earnings
- 10/30/24 - Miss
NNBR
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form 8-K
- NNBR's page on the SEC website