Marine Products Corporation Announces Fourth Quarter 2018 Share Repurchases
ATLANTA, Jan. 2, 2019 /PRNewswire/ -- Marine Products Corporation (MPX) announced today that during the fourth quarter of 2018 it purchased 168,366 shares under its share repurchase program.
Marine Products Corporation (MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive, jet drive and outboard pleasure boats, and Robalo offshore sport fishing boats. The Company continues to diversify its product lines through product innovation. With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value. For more information on Marine Products Corporation visit our website at www.marineproductscorp.com.
For information contact:
BEN M. PALMER
Chief Financial Officer
(404) 321-7910
[email protected]
JIM LANDERS
Vice President, Corporate Finance
(404) 321-2162
[email protected]
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