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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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Company Name: 
Minerals Technologies, Inc.
Stock buyback: 
MTX buyback
Specialty Chemicals
Number of ETFs Holding MTX: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Strong Buy (3.75 out of 4)
74th percentile
(ranked higher than approx. 74% of all stocks covered)
Based on Zacks ABR data;
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