Minerals Technologies Inc. Buyback
OLI recorded this information on 10/24/2019
Company:
Minerals Technologies Inc.
Buyback:
MTX buyback
$Amount Authorized:
$75,000,000
Buyback Details:
Minerals Technologies Inc. (NYSE: MTX) ("MTI" or "the Company") today announced that its Board of Directors has authorized a new, one-year $75 million share repurchase program, effective immediately. This repurchase program replaces the previous program authorized by the Board of Directors that expired on October 1, 2019.
Minerals Technologies is a resource- and technology-based company. Co.'s segments are: Performance Materials, which supplies bentonite and bentonite-related products, chromite and leonardite; Specialty Minerals, which produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc; Refractories, which produces monolithic and shaped refractory materials and specialty products; and Energy Services, which provides services to improve the production, costs, compliance, and environmental impact in the oil and gas industry.
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Avg. Broker Rec.
 
|
Strong Buy (3.75 out of 4) 74th percentile
(ranked higher than approx. 74% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
