SYNALLOY CORPORATION (NASDAQ:SYNL) Files An 8-K Other Events
ITEM 8.01. OTHER EVENTS
On February 22, 2019, Synalloy Corporation (the “Company”) issued a press release announcing that its Board of Directors authorized a stock repurchase program for up to 850,000 shares of its outstanding common stock over the next 24 months. A copy of the press release announcing the approval of the stock repurchase program is attached as Exhibit 99.1 to this Current Report on Form 8-K.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
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Exhibit Number |
Description of Exhibit |
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99.1 |
Synalloy Corporation Press Release dated February 22, 2019 |
SYNALLOY CORP Exhibit
EX-99.1 2 synl-stockrepurchasepressr.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWS RELEASE FOR IMMEDIATE RELEASE Synalloy Announces Board Authorization of Stock Purchase Program Richmond,…
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About SYNALLOY CORPORATION (NASDAQ:SYNL)
Synalloy Corporation is a chemical manufacturing company. The Company operates through two segments: the Metals Segment and the Specialty Chemicals Segment. The Company’s Metals Segment comprises three subsidiaries: Synalloy Metals, Inc., which owns Bristol Metals, LLC (BRISMET), located in Bristol, Tennessee; Palmer of Texas Tanks, Inc. (Palmer), located in Andrews, Texas; and Specialty Pipe & Tube, Inc. (Specialty), located in Mineral Ridge, Ohio and Houston, Texas. The Company’s Metals Segment manufactures stainless steel, other alloy pipe, storage solutions and separation equipment. The Company’s Specialty Chemicals segment consists of the Company’s subsidiary, Manufacturers Soap and Chemical Company (MS&C). The Specialty Chemicals Segment manufactures lubricants, surfactants, reaction intermediaries, sulfated fats and oils, and chemical tolling manufacturing resources.
