Mannatech

LifeVantage Files Definitive Proxy Statement

Retrieved on: 
Monday, September 25, 2023

SALT LAKE CITY, Sept. 25, 2023 (GLOBE NEWSWIRE) -- LifeVantage Corporation (Nasdaq: LFVN) (“LifeVantage” or the “Company”), a leading health and wellness company with products designed to activate optimal health processes, filed its definitive proxy statement on September 22, 2023 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with its 2024 annual meeting of stockholders (the “Annual Meeting”), which is scheduled to be held on November 6, 2023. Stockholders as of the close of business on September 27, 2023 will be entitled to vote at the Annual Meeting.

Key Points: 
  • LifeVantage is continuing to execute on its LV360 plan—a plan that is working and is delivering value to all LifeVantage stockholders.
  • The full text of the letter follows:
    At this year’s annual meeting of stockholders (the “Annual Meeting”) of LifeVantage Corporation (“LifeVantage” or the “Company”) you will be faced with an important choice that we believe will determine the future of your investment in LifeVantage.
  • You can vote by following the instructions on the enclosed WHITE universal proxy card and promptly submitting your proxy by Internet or mail as described on the WHITE universal proxy card.
  • One LifeVantage Community – Grow the community of those positively impacted by LifeVantage by entering new markets, growing existing markets and leaving a legacy of a better world for all.

Mannatech Announces Results of Annual Shareholders’ Meeting

Retrieved on: 
Friday, June 9, 2023

Mannatech, Incorporated (Nasdaq: MTEX ) ("Mannatech"), a global health and wellness company committed to transforming lives to make a better world, announced that its shareholders passed all proposals put to a vote at Mannatech’s annual shareholder meeting (the "Meeting") held Tuesday, June 6, 2023.

Key Points: 
  • Mannatech, Incorporated (Nasdaq: MTEX ) ("Mannatech"), a global health and wellness company committed to transforming lives to make a better world, announced that its shareholders passed all proposals put to a vote at Mannatech’s annual shareholder meeting (the "Meeting") held Tuesday, June 6, 2023.
  • Mannatech’s Chairman of the Board, J. Stanley Fredrick, chaired the Meeting and David Johnson, Mannatech’s Chief Financial Officer, spoke to the shareholders sharing the company’s financial results for 2022 and the first quarter of 2023.
  • There were 1,872,422 outstanding shares of Mannatech’s common stock as of April 20, 2023 entitled to vote and 1,270,511 shares, or approximately 67.9% represented at the Meeting, either in person or by proxy.
  • Mannatech shareholders voted on the election of one individual to the Board of Directors as Class III Directors to hold office until 2026 as set forth below:

Mannatech Declares First Quarter 2023 Dividend

Retrieved on: 
Thursday, May 25, 2023

Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.20per share of common stock, payable on Thursday, June 29, 2023, to shareholders of record at the close of business on Thursday, June 15, 2023.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.20per share of common stock, payable on Thursday, June 29, 2023, to shareholders of record at the close of business on Thursday, June 15, 2023.
  • The dividend demonstrates a commitment to rewarding shareholders and encouraging long-term investment in Mannatech’s common stock.
  • Alfredo “Al” Bala, President and CEO of Mannatech, said, “Mannatech is fully committed to delivering value to our shareholders.”

Mannatech Announces New Tiered Affiliate Program Pre-Launch

Retrieved on: 
Tuesday, May 23, 2023

Mannatech, Incorporated (NASDAQ: MTEX ), a leading nutritional supplement company, has announced that it anticipates launching its new tiered affiliate program on June 16, 2023.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), a leading nutritional supplement company, has announced that it anticipates launching its new tiered affiliate program on June 16, 2023.
  • As previously announced, the program will be operated by a new wholly owned subsidiary doing business as Trulu™.
  • To learn more about this exciting opportunity, interested individuals can visit the pre-launch website at www.incomewithoutobstacles.com .
  • Trulu’s flagship product, AMPM powders, contain a morning and nighttime component formulated to support energy, mood, sleep, and gut health in a single regimen.

Mannatech Reports First Quarter End 2023 Financial Results

Retrieved on: 
Friday, May 12, 2023

Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2023.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2023.
  • First quarter net sales for 2023 were $34.1 million, an increase of $1.7 million, or 5.3%, as compared to $32.4 million in the first quarter of 2022.
  • First quarter net sales for 2023 include the results of an annual promotion in March 2023 that occurred in April 2022.
  • First quarter operating income for 2023 was $0.7 million as compared to less than $0.1 million for the first quarter of 2022.

Mannatech Announces Formation of Subsidiary to Serve as Innovation Hub

Retrieved on: 
Tuesday, April 18, 2023

Mannatech, Incorporated (NASDAQ: MTEX ), announced the formation of a new wholly owned subsidiary that will serve as its innovation hub.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), announced the formation of a new wholly owned subsidiary that will serve as its innovation hub.
  • After many months of study and exploration, this subsidiary is introducing the brand Trulu to the gig economy.
  • We will always nurture, protect and invest in the Mannatech business that our Associates have been building for 30 years.
  • Al Bala, Chief Executive Officer, and J. Stanley Fredrick, Chairman of the Board of Directors of Mannatech Incorporated, explained the rationale behind forming this new innovation hub.

Mannatech Declares Fourth Quarter 2022 Dividend

Retrieved on: 
Monday, March 6, 2023

Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.20 per share of common stock, payable on Thursday, March 30, 2023, to shareholders of record at the close of business on Thursday, March 16, 2023.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.20 per share of common stock, payable on Thursday, March 30, 2023, to shareholders of record at the close of business on Thursday, March 16, 2023.
  • The dividend demonstrates a commitment to rewarding shareholders and encouraging long-term investment in Mannatech’s common stock.
  • Alfredo “Al” Bala, President and CEO of Mannatech, said, “Mannatech is fully committed to delivering value to our shareholders.”

Mannatech To Open Its Doors into Thailand in 2023

Retrieved on: 
Thursday, December 15, 2022

The expansion of Mannatech into Thailand will present an exciting opportunity for the company.

Key Points: 
  • The expansion of Mannatech into Thailand will present an exciting opportunity for the company.
  • Mannatech's entry into Thailand is expected to serve as the bridgehead for pioneering the Southeast Asian market.
  • In 2023, Mannatech is expected to enter the Thai market and create a new growth engine, said Roh Jae-hong, General Manager of Mannatech Korea.
  • The world leader in Glycan technology, Mannatech is revolutionizing nutrition, immune health, fat loss, skin care and more.

Mannatech Declares Third Quarter 2022 Dividend

Retrieved on: 
Friday, November 11, 2022

Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.20per share of common stock, payable on Wednesday, December 28, 2022, to shareholders of record at the close of business on Wednesday, December 14, 2022.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, announced that its Board of Directors declared a cash dividend of $0.20per share of common stock, payable on Wednesday, December 28, 2022, to shareholders of record at the close of business on Wednesday, December 14, 2022.
  • The dividend demonstrates a commitment to rewarding shareholders and encouraging long-term investment in Mannatechs common stock.
  • Alfredo Al Bala, President and CEO of Mannatech, said, Mannatech is fully committed to delivering value to our shareholders.
  • ^ Mannatech operates in China under a cross-border e-commerce platform that is separate from its network marketing model.

Mannatech Reports Third Quarter End 2022 Financial Results

Retrieved on: 
Tuesday, November 8, 2022

Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2022.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2022.
  • Third quarter net sales for 2022 were $35.5 million, a decrease of $3.9 million, or 10.0%, as compared to $39.4 million in the third quarter of 2021.
  • Third quarter operating income for 2022 was $1.4 million as compared to $3.3 million for the third quarter of 2021.
  • Net income was $1.2 million, or $0.61 per diluted share, for the third quarter of 2022, as compared to net income of $2.9 million, or $1.44 per diluted share, for the third quarter of 2021.