Minerals Technologies Announces Increase in Quarterly Dividend and New Share Repurchase Program
Minerals Technologies Inc. (MTX)
Last minerals technologies inc. earnings: 4/30 05:01 pm
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US:NYSE Investor Relations:
investors.mineralstech.com/corporate-profile
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Source: GlobeNewswire
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced a 10% increase of its regular quarterly dividend on the Company’s common stock to $0.11 per share. The dividend is payable on December 5, 2024, to stockholders of record at the close of business on October 31, 2024. In addition, MTI’s Board of Directors has authorized a new $200 million share repurchase program. The Company expects to repurchase shares under this authorization as part of its balanced approach to capital allocation. “Increasing our dividend and authorizing a new repurchase program reflects the Board’s ongoing confidence in MTI’s financial strength as we continue to grow earnings and cash flow," said Douglas T. Dietrich, Chairman and Chief Executive Officer. “The combination of this increased dividend and new repurchase program demonstrates our commitment to shareholder returns, while also allowing us to maintain the flexibility to fund ino
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News
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- Minerals Technologies Announces Successful Debt RefinancingGlobeNewswire
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MTX
Earnings
- 10/24/24 - Miss
MTX
Sec Filings
- 11/26/24 - Form 8-K
- 10/28/24 - Form S-8
- 10/25/24 - Form 10-Q
- MTX's page on the SEC website