Previous Close | 1.8400 |
Open | 1.8000 |
Bid | 0.0000 x 3100 |
Ask | 1.9500 x 1000 |
Day's Range | 1.8000 - 1.8500 |
52 Week Range | 1.7700 - 5.1300 |
Volume | |
Avg. Volume | 115,850 |
Market Cap | 57.075M |
Beta (5Y Monthly) | 1.20 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.7930 |
Earnings Date | Jan 31, 2022 - Feb 04, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | May 16, 2022 |
1y Target Est | N/A |
Luby's will delisted from the New York Stock Exchange and transfer its assets to a liquidating trust about two months after completing the sale of final major business unit to an entity owned by Pappas Restaurants.
Luby's, Inc. (NYSE: LUB) ("Luby's" or the "Company") announced today that, in accordance with the Company's previously approved Plan of Liquidation and Dissolution (the "Plan"), its Board of Directors ("Board") has determined that the remaining assets and liabilities of the Company will be transferred to a Liquidating Trust on May 31, 2022. In connection with the transfer of its assets to the Liquidating Trust, the Company will be dissolved. Accordingly, May 27, 2022, is expected to be the last
Luby's, Inc. (NYSE: LUB) ("Luby's"), which is in the process of monetizing its assets for the benefit of its shareholders, announced today that the Company's Board of Directors has declared a cash liquidating distribution of $0.20 per share to be paid on May 24, 2022, to shareholders of record as of May 17, 2022. The liquidating distribution is being paid from the net proceeds from recent property sales. The distribution follows an initial distribution of $2.00 per share paid on November 1, 2021