Marine Products Corporation Announces Fourth Quarter 2015 Share Repurchases

Jan 05, 2016, 16:15 ET from Marine Products Corporation

ATLANTA, Jan. 5, 2016 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the fourth quarter of 2015 it purchased 20,903 shares under its share repurchase program. 

Marine Products Corporation (NYSE: 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
irdept@marineproductscorp.com

JIM LANDERS
Vice President, Corporate Finance
(404) 321-2162
jlanders@marineproductscorp.com

 

SOURCE Marine Products Corporation



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