Macfadden Announces 2009 ESOP Allocation
Tuesday, 14 September 2010
Macfadden announced today the independent appraiser for Macfadden’s Employee Stock Ownership Plan (ESOP) recently completed the company’s 2009 ESOP valuation. Based on the appraisal, Macfadden announced a stock valuation of $5.71/share, an increase in share value of approximately 8 percent over the 2008 valuation.
The value of the company’s ESOP is set annually by an independent appraiser who determines the fair market value of the stock based on a variety of factors including current revenue and earnings, corporate assets, projected profitability, the performance of comparable companies and industry trends. Macfadden’s recent valuation reflects 2009 revenue of approximately $33.6 million.


Macfadden continues to support emergency preparedness efforts as a part of USAID's Stamping Out Pandemic and Avian Influenza (STOP AI) team. 




