Marine Products Corporation Announces Fourth Quarter 2019 Share Repurchases

ATLANTA, Jan. 2, 2020 /PRNewswire/ -- Marine Products Corporation MPX announced today that during the fourth quarter of 2019 it purchased 88,983 shares under its share repurchase program. 

Marine Products Corporation MPX designs, manufactures and distributes premium-branded Chaparral sterndrive and outboard pleasure boats, Vortex jet drive 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