LGL Group authorizes $500k-$700k share buyback; updates on MGHL deal and Q2 results

LGL GROUP INC

Board authorized repurchase of $500k-$700k of stock under existing plan, up to 100k shares, to begin this quarter.
MGHL investment of 1M shares at $2.00/share pending; expected close Q3 2025; Herve Francois to become Chairman/CEO.
Q2 2025 net loss of $51k ($0.01 diluted EPS) vs net income of $137k in Q2 2024; revenues $924k, down 13.5% YoY.
Warrants exercisable through Nov 17, 2025 at $4.75 strike; ~45k shares exercised to date.

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