Armstrong Flooring Announces Final Results of Modified “Dutch Auction” Self-Tender Offer
Lancaster, Pa. -- Armstrong Flooring announced the final results of its modified “Dutch auction” self-tender offer to repurchase up to $50,000,000 in cash of its common stock, which expired at 12 a.m., New York City time, at the end of June 14, 2019.
Based on the final count by American Stock Transfer & Trust Company, the depositary for the self-tender offer, 4,991,207 shares of Armstrong Flooring’s common stock, were properly tendered (and not properly withdrawn) at the final purchase price of $11.10 per share.