UTMD Closes Self-Tender: 327,740 Shares Bought at $75, $24.58M Total
UTMD sits 27% above its 52-week low of $53.66.
Summary
UTMD's self-tender expired October 27 with 327,740 shares purchased at $75.00 for $24.58M — about half the 650,000 shares it sought. Remaining shares outstanding are 2,849,041.
Key Events · Financing and Capital Events · UTMD
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Tender Closes Below Target
327,740 shares were purchased at $75.00 each for $24,580,500, versus the 650,000 shares (about $48.75M) the company had offered to buy.
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Effective Cost $75.35/Share
Adds $107,720 in depositary and information agent fees and $6,732 in SEC filing fees, plus a 1% federal excise tax on the repurchase.
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Shares Outstanding 2,849,041
Remaining shares outstanding include 1,775 employee option shares exercised in October.
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Priced Above Market
The $75.00 tender price compares with today's $67.88 stock price; the offer expired October 27, 2026.
Analysis · UTMD · Industrial Applications And Services
The tender came in well under the 650,000 shares sought — only about half were validly tendered — so UTMD returns roughly $24.6M instead of the $48.75M it had earmarked. That is a smaller capital return than announced, and it leaves more shares outstanding than a fully subscribed buyback would have. The buyback was done at $75.00, above today's $67.88 market price, so the company paid up to retire stock. With the offer closed, the remaining overhang from this program is gone; the next thing that matters is the 1% excise tax and the Q3 cash position.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 30.9% of the 1649 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UTMD was trading at $67.88 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $215.4M. The 52-week trading range was $53.66 to $76.89. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.