DMC Global Adopts Limited-Duration Stockholder Rights Plan
BROOMFIELD, Colo., June 06, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced its board of directors (the "Board") has unanimously adopted a limited-duration Stockholder Protection Rights Agreement (the "Rights Plan") to protect stockholder interests. The Board, in consultation with its legal and financial advisors, adopted the Rights Plan in response to the accumulation of shares of the Company's common stock. The Rights Plan became effective on June 5, 2024 and will expire on June 4, 2025, unless earlier terminated. The Rights Plan is intended to enable stockholders to realize the full value of their investment in DMC Global while reducing the likelihood that any e
