Smith & Wesson (SWHC) increases the price of its previously announced tender offer from...

|By:, SA News Editor

Smith & Wesson (SWHC) increases the price of its previously announced tender offer from $10.00 per share to $11.00 per share. On June 13, its Board of Directors approved the repurchase of up to $100M of outstanding stock, including the cash repurchase of up to $75M of common stock by way of a fixed-price issuer tender offer. Shares +1.7% AH.