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News Breaks | | | | December 24, 2012 | | 09:07 EDT |  | FBRC | FBR & Co. announces final results of self-tender offer
FBR & Co announced the final results of its previously announced modified "Dutch auction" tender offer to purchase up to 4M shares of its common stock at a price between $3.25 and $3.50, which expired at 12:00 midnight, New York City time, on Tuesday, December 18. FBR has accepted for purchase 193,666 shares of its common stock at a purchase price of $3.50 per share. The tender offer was not subject to proration. Payment for the shares accepted for purchase under the tender offer will be made promptly, and any shares tendered and not purchased will be promptly returned to stockholders. FBR is purchasing the shares, which represent approximately 0.4% of the shares outstanding as of December 21, at a total cost of $677,831, excluding fees and expenses relating to the tender offer. FBR expects to have approximately 48.82M shares of its common stock outstanding immediately following consummation of the tender offer. | |
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News For FBRC From The Last 14 Days Check below for free stories on FBRC the last two weeks. |
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| May 21, 2013 | | 08:49 EDT | | FBRC | FBR & Co. commences self tender offer to buy up to 1.25M shares
 Subscribe for More Information | | | 08:47 EDT | | FBRC | FBR & Co. commences self tender offer to purchase 1.25M shares
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