Lmp Automotive Holdings Inc

-1.69 (-9.41%)
Dividends, Share Repurchases, Debt Financing / Related

LMP Automotive Holdings Announces Board Approval For Debt Refinancing And Conditional Approval Of A Stock Buy Back And Dividend

Published: 07/08/2021 20:10 GMT
Lmp Automotive Holdings Inc (LMPX) - Lmp Automotive Holdings, Inc. Announces Board Approval for Debt Refinancing and Conditional Approval of a Stock Buy Back and Dividend.
Lmp Automotive - Board Authorized Refinancing of Its Current Debt Facility, in Light of Additional Anticipated Acquisitions in Pipeline.
Lmp Automotive Holdings Inc - Authorized Use of Up to 25% of Excess Cash to Buy Back Shares of Its Common Stock.
Lmp Automotive Holdings Inc - Expects Cash Balances to Exceed $50 Million, With Excess Cash of Over $36 Million by Year End.