MINERALS TECHNOLOGIES INC. (NYSE:MTX) Files An 8-K Other EventsItem 8.01Other Events.
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On September 21, 2017 the Company issued a press release announcing that its Board of Directors authorized a new, two-year $150 million share repurchase program. This authorization will become effective when the current two-year $150 million program expires in October of this year.
A copy of the press release announcing the share repurchase program is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Item 9.01Financial Statements and Exhibits.
99.1 Press Release Dated September 21, 2017
About MINERALS TECHNOLOGIES INC. (NYSE:MTX) Minerals Technologies Inc. is a resource-and technology-based company that develops, produces and markets worldwide a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. It has five segments. The Specialty Minerals, Performance Materials, and Construction Technologies segments produce and sell products and technologies based primarily upon the mineral products calcium carbonate, bentonite, talc, chromite and leonardite. These products are used principally in the paper, metalcasting, building materials, paints and coatings, consumer products, ceramic, polymer, and food and pharmaceutical industries. The Refractories segment produces monolithic refractory materials and specialty products, services and application equipment used by the steel, non-ferrous metal and glass industries. The Energy Services segment provides produced water treatment, filtration and well-testing services to both on-shore and off-shore oil and gas producers.