Key Developments: Ballantyne Strong Inc (BTN.A)

BTN.A on American Stock Exchange

28 Aug 2015
Change (% chg)

$0.07 (+1.58%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

Ballantyne Strong Inc authorizes share repurchase program
Thursday, 20 Aug 2015 05:00am EDT 

Ballantyne Strong Inc:Authorizes share repurchase program.Says board of directors has authorized the repurchase of up to 700,000 shares of its outstanding common stock.Says its about 5.0 pct. of its outstanding shares.  Full Article

Ballantyne Strong Inc announces departure of CEO
Tuesday, 5 May 2015 04:01pm EDT 

Ballantyne Strong Inc:Says departure of Gary L. Cavey from positions of President and CEO, effective May 8.Says Chris D. Stark has been appointed as President.  Full Article

Samuel C. Freitag Elected Chairman of the Board of Ballantyne Strong
Friday, 2 Jan 2015 08:00am EST 

Ballantyne Strong Inc:Board of directors has elected Samuel C. Freitag to serve as Chairman of the board, effective Jan. 1.Says Freitag succeeds William F. Welsh, II, who has chosen to step down as Chairman while remaining as a member of the board of directors.  Full Article

Ballantyne Strong Inc announces Chief Financial Officer transition
Friday, 18 Jul 2014 07:00am EDT 

Ballantyne Strong Inc:Says that Nathan D. Legband has been appointed Chief Financial Officer, effective Sept. 02, 2014.Legband, who has served as Corporate Controller for Ballantyne Strong since June 2012, will replace Mary A. Carstens, who will be retiring on Sept. 02, 2014.  Full Article

Strong-MDI, a Ballantyne Strong Inc company signs multi-year supply agreement with Cinépolis
Thursday, 19 Jun 2014 08:00am EDT 

Ballantyne Strong Inc:Signing of two-year exclusive supply agreement with Cinépolis.Pursuant to agreement, Strong-MDI will supply screens for all installations in Cinépolis theaters throughout the Americas over the next two years.After having supplied screens to Cinépolis for several years, new contract represents first exclusive supply agreement between two companies covering full breadth of screen products from Strong-MDI.  Full Article

Ballantyne Strong Inc Announces Completion Of Acquisition-Form 8-K
Thursday, 3 Oct 2013 09:02am EDT 

Ballantyne Strong Inc (Ballantyne) reported in its Form 8-K that On October 1, 2013, Ballantyne consummated the Acquisition of Convergent in accordance with the terms and conditions of the Purchase Agreement. At the closing of the Acquisition, Ballantyne paid Sony a total of $17.4 million, which was the purchase price for Convergent of $16 million as adjusted for CMS’s cash on hand in Canada and as further adjusted for a working capital variance based upon CMS’s targeted working capital. The purchase price is subject to further adjustment pursuant to a final working capital adjustment, which will be calculated within 90 days following the closing date. Settlement of the final working capital adjustment will occur within three days of the final working capital being agreed upon by both parties. Ballantyne financed the acquisition by using available cash on hand.  Full Article

Ballantyne Strong Inc Announces Acquisition of Convergent Media Systems
Tuesday, 1 Oct 2013 05:30am EDT 

Ballantyne Strong Inc announced the acquisition of Convergent Corporation and its wholly owned subsidiary, Convergent Media Systems. Convergent Corporation was a subsidiary of Sony Electronics Inc. The acquisition is an all-cash transaction valued at approximately $16 million.  Full Article

Search Stocks