Minerals Technologies Board Has Authorized New, One-year $75M Share Repurchase Program, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
Minerals Technologies' board has authorized a new, one-year $75M share repurchase program, effective immediately.

October 18, 2023 | 9:08 pm
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POSITIVE IMPACT
Minerals Technologies' new $75M share repurchase program could potentially increase the stock price in the short term.
Share repurchase programs are often seen as a sign of a company's confidence in its own stock, which can lead to increased investor confidence and potentially a rise in stock price. Given the size of the repurchase program, it's likely to have a significant impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100