Minerals Technologies Inc. Buyback
OLI recorded this information on 10/25/2021
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 follows the Company's completion of its prior one-year $75 million program.
Minerals Technologies is a resource- and technology-based company. Co. has three reportable segments: Performance Materials, which is a global supplier of a range of bentonite-based and synthetic materials for consumer-oriented and industrial markets and for non-residential construction, environmental remediation, and infrastructure projects; 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; and Refractories, which produces monolithic and shaped refractory materials and specialty products.
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Avg. Broker Rec.
 
|
Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: MTX Stock Forecast Based on Zacks ABR data; powered by Xignite |
