Tyman plc (GB:TYMN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tyman plc has announced a successful vote by shareholders to approve a cash and share acquisition by Quanex Building Products Corporation, with the transaction expected to be finalized on August 1, 2024. The approval follows a scheme of arrangement under the Companies Act, with a Court Hearing scheduled for July 24, 2024. This strategic move promises to deliver a special interim dividend to eligible Tyman shareholders, aligning with the completion of the acquisition process.
For further insights into GB:TYMN stock, check out TipRanks’ Stock Analysis page.