Marine Products Corporation Announces Third Quarter 2019 Share Repurchases

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Oct 01, 2019, 17:37 ET

ATLANTA, Oct. 1, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the third quarter of 2019 it purchased 85,354 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
[email protected]

JIM LANDERS
Vice President, Corporate Finance
(404) 321-2162
[email protected]

SOURCE Marine Products Corporation