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| 8-K - FORM 8-K - MARINE PRODUCTS CORP | t1600425_8k.htm |
Exhibit 99
Marine Products Corporation Announces
Second Quarter 2016 Share Repurchases
ATLANTA, July 5, 2016 - Marine Products Corporation (NYSE: MPX) announced today that during the second quarter of 2016 it purchased 6,463 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