Marine Products Corporation announces fourth quarter 2012 share repurchases

Marine Products Corporation
January 8, 2013
Filed under News

ATLANTA, Jan. 7, 2013 /PRNewswire/ – Marine Products Corporation (NYSE: MPX) announced today that during the fourth quarter of 2012 it purchased 46,012 shares under its share repurchase program.

Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and inboard pleasure boats; Premiere Sport Yachts; and Robalo sport fishing boats, and continues to diversify its product line through product innovation and is prepared to consider strategic acquisition targets.  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.

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