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home / news releases / UTMD - Utah Medical spikes shareholder rights agreement


UTMD - Utah Medical spikes shareholder rights agreement

Utah Medical Products ([[UTMD]] +3.7%) announces that its board of directors has terminated the company’s shareholder rights agreement.The board elected to terminate the rights agreement in response to changing corporate governance practices and investor input, Utah said.The rights agreement, sometimes referred to as a "poison pill", with a ten year life was originally approved by a vote of all shareholders in 1994. It was later extended in 2004 and again in 2014 by the board without a shareholder vote.

For further details see:

Utah Medical spikes shareholder rights agreement
Stock Information

Company Name: Utah Medical Products Inc.
Stock Symbol: UTMD
Market: NASDAQ
Website: utahmed.com

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