Marine Products Corporation Announces First Quarter 2019 Share Repurchases

ATLANTA, April 1, 2019 /PRNewswire/ -- Marine Products Corporation MPX announced today that during the first quarter of 2019 it purchased ­­­­­­­­­­­263,805 shares under its share repurchase program. 

Marine Products Corporation 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

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SOURCE Marine Products Corporation