Marine Products Corporation Announces Fourth Quarter 2018 Share Repurchases

PR Newswire - finance.yahoo.com Posted 5 years ago
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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. 

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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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