Technology | 2010.02.22
Minerals Technologies’ Board of Directors Approves $75 Million Share Repurchase Program
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Minerals Technologies Inc. (NYSE: MTX) authorized a share repurchase program of $75 million over a two-year period. This authorization succeeds the previous repurchase program that expired in October of 2009. “This authorization will permit the company to renew our share repurchase program that was suspended to conserve cash during the fourth quarter of 2008 when the worldwide economy took a dramatic downturn,” said Joseph C. Musca
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