The LGL Group, Inc. announced that its Board of Directors has approved a spin-off of the MTron/PTI subsidiary. The Company had previously announced its exploration of this potential spin-off transaction and will now proceed with the spin-off, which will be submitted to a shareholder vote for approval. The company further announced the resignation of Robert Rob LaPenta Jr. from LGL's board of directors and that of its subsidiary, MTron/PTI, effective September 27, 2021.
Real-time Estimate
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5-day change | 1st Jan Change | ||
32.67 USD | -0.64% | +8.68% | -8.67% |
05-08 | Transcript : M-tron Industries, Inc. - Analyst/Investor Day | |
05-08 | Earnings Flash (MPTI) M-TRON INDUSTRIES Posts Q1 Revenue $11.2M | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-8.67% | 92.02M | |
+37.60% | 80.82B | |
+65.55% | 72.53B | |
-5.63% | 32.58B | |
-6.83% | 14.25B | |
-8.38% | 10.65B | |
+12.88% | 10.42B | |
-10.11% | 9.83B | |
+34.49% | 8.7B | |
+76.40% | 8.69B |
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- The LGL Group, Inc. and MtronPTI, Inc. Announces Resignation of Robert LaPenta Jr. from their Board of Directors