Core Molding Technologies, Inc. (CMT) Announces $7.5M Share Buyback

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Core Molding Technologies Announces $7,500,000 Stock Repurchase Program

March 11, 2024 8:00 AM EDT

COLUMBUS, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (Core Molding, Core or the Company), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that its Board of Directors authorized a stock repurchase program of up to $7,500,000 of the Companys issued and outstanding common stock, par value $1.00 per share.

The combination of the Companys operational performance and the... More