Davey’s 2020 Mid-year Stock Valuation
We have been informed by MPI that our June 30th 2020 stock valuation is $24.90 which is an increase of $.70 from the previous price of $24.20 per share or 2.9%, from the December 31, 2019 valuation. The drivers of the stock price increase were the current robust company performance offset by a more conservative than prior period’s five year financial forecast, the turbulent and choppy performance of the markets in general and the peer group specifically.
We will open the books for stock transactions based on this price starting Monday, August 17th. Congratulations for another great start to the year.