Marine Products Corporation Announces Second Quarter 2017 Share Repurchases

ATLANTA, July 3, 2017 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the second quarter of 2017 it purchased 51,797 shares under its share repurchase program. 

Marine Products Corporation (NYSE: 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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/marine-products-corporation-announces-second-quarter-2017-share-repurchases-300483098.html

SOURCE Marine Products Corporation