P & F Industries Inc Class A Shares To Resume Trade At 9:00 a.m. ET
$PFIN
Industrial Machinery/Components
Industrials
P & F Industries Inc Class A Shares To Resume Trade At 9:00 a.m. ET
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SC 13D/A - P&F INDUSTRIES INC (0000075340) (Subject)
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SC 13D/A - P&F INDUSTRIES INC (0000075340) (Subject)
MELVILLE, N.Y., Dec. 20, 2023 /PRNewswire/ -- P&F Industries, Inc. ("P&F" or the "Company") (NASDAQ:PFIN) today announced the completion of its sale to ShoreView Industries ("ShoreView"). Under the terms of the transaction, P&F shareholders will receive $13.00 per share in cash. With the completion of the transaction, P&F's common stock has ceased trading and will no longer be listed on the NASDAQ Global Select Market. Richard Horowitz, Chairman of the Board, Chief Executive Officer and President, said, "The closing of this transaction represents the beginning of a new chapter for P&F, and we are excited for what the future holds. We are proud of the leadership position we have built and be
MELVILLE, N.Y., Dec. 19, 2023 /PRNewswire/ -- P&F Industries, Inc. ("P&F" or the "Company") (NASDAQ:PFIN) today announced that its shareholders approved a proposal to adopt the merger agreement entered into between the Company and Shoreview Industries at a Special Meeting of Shareholders held on December 19, 2023. As previously announced, under the terms of the transaction, P&F shareholders will receive $13.00 per share in cash. "We thank our shareholders for their strong support of this transaction," said Richard Horowitz, Chairman of the Board, Chief Executive Officer and President. "We look forward to completing the transaction with Shoreview to deliver immediate and premium value to our
MELVILLE, N.Y., Oct. 13, 2023 /PRNewswire/ -- P&F Industries, Inc. ("P&F" or the "Company") (NASDAQ:PFIN) today announced that it has entered into a definitive agreement to be acquired by ShoreView Industries ("ShoreView") in an all-cash transaction for $13.00 per share. The purchase price represents an approximately 97% premium to the closing stock price of the Company's stock on October 12, 2023, the last trading day prior to announcing the transaction. "We are pleased to reach this agreement with ShoreView, which provides significant premium cash value to our shareholders," said Richard Horowitz, Chairman of the Board, Chief Executive Officer and President. "Following comprehensive outre
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MELVILLE, N.Y., Aug. 10, 2023 /PRNewswire/ -- P&F Industries, Inc. (NASDAQ:PFIN) today announced its results from operations for the three and six-month periods ended June 30, 2023. The Company is reporting net revenue of $16,163,000 and $31,906,000, respectively, for the three and six-month periods ended June 30, 2023, compared to $17,810,000 and $31,831,000, respectively, for same periods in 2022. For the three-month period ended June 30, 2023, the Company is reporting net income before income taxes of $356,000, compared to net income before income taxes of $55,000, for the three-month period ended June 30, 2022. For the six-month period ended June 30, 2023, the Company is reporting net
MELVILLE, N.Y., Aug. 9, 2023 /PRNewswire/ -- P&F Industries, Inc. (NASDAQ:PFIN) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per share of its Class A Common Stock, payable on August 25, 2023 to all stockholders of record as of the close of business on August 21, 2023. ABOUT P&F INDUSTRIES, INC. P&F Industries, Inc., through its wholly owned subsidiaries, is a leading manufacturer and importer of air-powered tools and accessories sold principally to the aerospace, industrial, automotive, and retail markets. P&F's products are sold under its own trademarks, as well as under the private labels of major manufacturers and retailers. View original conten
MELVILLE, N.Y., July 21, 2023 /PRNewswire/ -- P&F Industries, Inc. (NASDAQ GM: PFIN), plans to release its results for the three-month period ended June 30, 2023, before the market opens on Thursday, August 10, 2023. The Company has scheduled a conference call beginning at 11:00 a.m. Eastern time the same day. Additionally, in order to further streamline the conference call process, the Company has revised its procedures relating to the question-and-answer portion of the conference call, whereby it will limit the length of the questions from any particular shareholder or other caller, together with the responses from management to 20 minutes per shareholder/caller. The dial-in number for t
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8-K - P&F INDUSTRIES INC (0000075340) (Filer)
Friday marks the last chance for investors to receive the next dividend payout from P & F Industries (NASDAQ:PFIN). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 5 cents per share. On Monday, P & F Industries will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own PFIN as of the end of Friday's session are eligible to receive the 5 cents dividend p
P & F Industries (NASDAQ:PFIN) reported quarterly losses of $(0.23) per share. This is a 187.5 percent decrease over losses of $(0.08) per share from the same period last year. The company reported $14.40 million in sales this quarter. This is a 0.77 percent decrease over sales of $14.52 million the same period last year.
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