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Adams Resources ( (AE) ) has shared an update.
Adams Resources announced the completion of a merger, resulting in the conversion of common stock shares into a cash payout of $38 per share and the vesting and conversion of equity awards into cash. Consequently, Adams Resources’ common stock will be delisted from the NYSE American before February 5, 2025, and its directors have resigned, with new directors appointed.
More about Adams Resources
YTD Price Performance: 1.82%
Average Trading Volume: 21,137
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $97.77M
For a thorough assessment of AE stock, go to TipRanks’ Stock Analysis page.