Latest Smg Indium Res Ltd (SMGI) Headlines
SMG Indium Resources Ltd. Declares Special Cash Distribution of $1.30 Per Share of Common Stock to Stockholders and Reconstitutes the Board of Directors
GlobeNewswire - Thu Dec 12, 7:00AM CST
SMG Indium Resources Ltd. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW), today announced that on December 9, 2013, its Board of Directors (the "Board") approved a payment of a special cash distribution in the amount of U.S. $1.30 per share of common stock (the "Common Stock"). The record date for stockholders entitled to receive the cash distribution will be December 20, 2013. The payment date will be December 27, 2013. The majority of the distribution is expected to be treated as a return of capital for tax purposes. The Board will continue to explore ways to tax efficiently return capital to stockholders. The Board views this distribution as an effective way to return value to stockholders.
SMG Indium Resources Ltd's board to pay special USD0.10 per share dividend for quarter
M2 - Wed Aug 14, 5:31AM CDT
The board of directors of SMG Indium Resources Ltd (OTC BB:SMGI) (OTC BB:SMGIW), an indium metal company, has approved a special cash distribution of USD0.10 per share of its common stock, the company announced on Tuesday.
SMG Indium Resources Ltd. Declares Special 10 Cent Quarterly Return of Capital to Shareholders
GlobeNewswire - Tue Aug 13, 9:00AM CDT
SMG Indium Resources Ltd. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW), today announced that its Board of Directors (the "Board") has approved a payment of a special cash distribution in the amount of U.S. $0.10 per share of common stock (the "Common Stock"). The record date for shareholders entitled to receive the dividend will be September 20, 2013. The payment date will be September 25, 2013. The distribution is expected to be treated as a return of capital for tax purposes. The Company plans to continue returning capital to shareholders on a quarterly basis, subject to prevailing market conditions. The Board views this transaction as a way to return value to shareholders. The implied yield, assuming the Company makes four quarterly distributions of $.10 per share per quarter, is approximately 13.8% per annum based on the Company's closing stock price of $2.90 per common share.
SMG Indium Resources LTD. Reports Net Market Value at June 30, 2013
GlobeNewswire - Tue Jul 09, 9:00AM CDT
SMG Indium Resources LTD. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW) reported its net market value ("NMV") , at June 30, 2013 was approximately $30.21 million, or $3.43 per share. On June 26, 2013, the Company paid a special cash distribution to stockholders in the amount of U.S. $0.10 per share of common stock of the Company. The record date for stockholders entitled to receive the special cash distribution was June 21, 2013. The distribution will be treated as a return of capital for tax purposes. The Company intends to continue returning capital to shareholders on a quarterly basis, subject to prevailing market conditions. As of June 30, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at May 31, 2013
GlobeNewswire - Thu Jun 06, 9:00AM CDT
SMG Indium Resources LTD. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW) reported its net market value ("NMV") , at May 31, 2013 was approximately $29.92 million, or $3.40 per share. On May 20, 2013, the Company approved a special cash distribution in the amount of U.S. $0.10 per share of common stock of the Company. The record date for shareholders entitled to receive the special cash distribution will be June 21, 2013. The payment date will be June 26, 2013. The distribution is expected to be treated as a return of capital for tax purposes. The Company intends to continue returning capital to shareholders on a quarterly basis, subject to prevailing market conditions. As of May 31, 2013, the Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Announces Special 10 Cent Quarterly Return of Capital to Shareholders and Boosts Stock Repurchase Program to $3 Million
GlobeNewswire - Mon May 20, 9:00AM CDT
SMG Indium Resources Ltd. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW) (OTCBB:SMGIU), today announced a special cash distribution to shareholders and an increase in its authorized stock repurchase plan to address the discount at which the common stock trades below the Net Market Value ("NMV")* of the Company.
SMG Indium Resources Ltd. Reports Net Market Value at April 30, 2013
GlobeNewswire - Tue May 07, 9:00AM CDT
SMG Indium Resources Ltd. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV"), at April 30, 2013 was approximately $30.81 million or $3.50 per share. As of April 30, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at March 31, 2013
GlobeNewswire - Wed Apr 03, 9:00AM CDT
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV") , at March 31, 2013 was approximately $31.74 million or $3.61 per share. As of March 31, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources LTD. Reports Net Market Value at February 28, 2013
GlobeNewswire - Tue Mar 05, 9:00AM CST
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV") , at February 28, 2013 was approximately $31.63 million or $3.59 per share. As of February 28, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at January 31, 2013
GlobeNewswire - Tue Feb 05, 9:00AM CST
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) and (OTCBB:SMGIW) reported its net market value ("NMV") , at January 31, 2013 was approximately $30.88 million or $3.51 per share. As of January 31, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at December 31, 2012
GlobeNewswire - Wed Jan 09, 9:00AM CST
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV"), at December 31, 2012 was approximately $28.8 million or $3.26 per share. As of December 31, 2012, the Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Declares Special Cash Distribution of $1.30 Per Share of Common Stock to Stockholders and Reconstitutes the Board of Directors
GlobeNewswire - Thu Dec 12, 7:00AM CST
SMG Indium Resources Ltd. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW), today announced that on December 9, 2013, its Board of Directors (the "Board") approved a payment of a special cash distribution in the amount of U.S. $1.30 per share of common stock (the "Common Stock"). The record date for stockholders entitled to receive the cash distribution will be December 20, 2013. The payment date will be December 27, 2013. The majority of the distribution is expected to be treated as a return of capital for tax purposes. The Board will continue to explore ways to tax efficiently return capital to stockholders. The Board views this distribution as an effective way to return value to stockholders.
SMG Indium Resources Ltd's board to pay special USD0.10 per share dividend for quarter
M2 - Wed Aug 14, 5:31AM CDT
The board of directors of SMG Indium Resources Ltd (OTC BB:SMGI) (OTC BB:SMGIW), an indium metal company, has approved a special cash distribution of USD0.10 per share of its common stock, the company announced on Tuesday.
SMG Indium Resources Ltd. Declares Special 10 Cent Quarterly Return of Capital to Shareholders
GlobeNewswire - Tue Aug 13, 9:00AM CDT
SMG Indium Resources Ltd. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW), today announced that its Board of Directors (the "Board") has approved a payment of a special cash distribution in the amount of U.S. $0.10 per share of common stock (the "Common Stock"). The record date for shareholders entitled to receive the dividend will be September 20, 2013. The payment date will be September 25, 2013. The distribution is expected to be treated as a return of capital for tax purposes. The Company plans to continue returning capital to shareholders on a quarterly basis, subject to prevailing market conditions. The Board views this transaction as a way to return value to shareholders. The implied yield, assuming the Company makes four quarterly distributions of $.10 per share per quarter, is approximately 13.8% per annum based on the Company's closing stock price of $2.90 per common share.
SMG Indium Resources LTD. Reports Net Market Value at June 30, 2013
GlobeNewswire - Tue Jul 09, 9:00AM CDT
SMG Indium Resources LTD. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW) reported its net market value ("NMV") , at June 30, 2013 was approximately $30.21 million, or $3.43 per share. On June 26, 2013, the Company paid a special cash distribution to stockholders in the amount of U.S. $0.10 per share of common stock of the Company. The record date for stockholders entitled to receive the special cash distribution was June 21, 2013. The distribution will be treated as a return of capital for tax purposes. The Company intends to continue returning capital to shareholders on a quarterly basis, subject to prevailing market conditions. As of June 30, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at May 31, 2013
GlobeNewswire - Thu Jun 06, 9:00AM CDT
SMG Indium Resources LTD. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW) reported its net market value ("NMV") , at May 31, 2013 was approximately $29.92 million, or $3.40 per share. On May 20, 2013, the Company approved a special cash distribution in the amount of U.S. $0.10 per share of common stock of the Company. The record date for shareholders entitled to receive the special cash distribution will be June 21, 2013. The payment date will be June 26, 2013. The distribution is expected to be treated as a return of capital for tax purposes. The Company intends to continue returning capital to shareholders on a quarterly basis, subject to prevailing market conditions. As of May 31, 2013, the Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Announces Special 10 Cent Quarterly Return of Capital to Shareholders and Boosts Stock Repurchase Program to $3 Million
GlobeNewswire - Mon May 20, 9:00AM CDT
SMG Indium Resources Ltd. (the "Company") (OTCBB:SMGI) (OTCBB:SMGIW) (OTCBB:SMGIU), today announced a special cash distribution to shareholders and an increase in its authorized stock repurchase plan to address the discount at which the common stock trades below the Net Market Value ("NMV")* of the Company.
SMG Indium Resources Ltd. Reports Net Market Value at April 30, 2013
GlobeNewswire - Tue May 07, 9:00AM CDT
SMG Indium Resources Ltd. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV"), at April 30, 2013 was approximately $30.81 million or $3.50 per share. As of April 30, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at March 31, 2013
GlobeNewswire - Wed Apr 03, 9:00AM CDT
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV") , at March 31, 2013 was approximately $31.74 million or $3.61 per share. As of March 31, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources LTD. Reports Net Market Value at February 28, 2013
GlobeNewswire - Tue Mar 05, 9:00AM CST
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV") , at February 28, 2013 was approximately $31.63 million or $3.59 per share. As of February 28, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at January 31, 2013
GlobeNewswire - Tue Feb 05, 9:00AM CST
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) and (OTCBB:SMGIW) reported its net market value ("NMV") , at January 31, 2013 was approximately $30.88 million or $3.51 per share. As of January 31, 2013, The Company's inventory of indium consisted as follows:
SMG Indium Resources Ltd. Reports Net Market Value at December 31, 2012
GlobeNewswire - Wed Jan 09, 9:00AM CST
SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV"), at December 31, 2012 was approximately $28.8 million or $3.26 per share. As of December 31, 2012, the Company's inventory of indium consisted as follows:
