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CMT Buyback image

Core Molding Technologies, Inc. Buyback

OLI recorded this information on 3/11/2024

Company: Core Molding Technologies, Inc.
Buyback: CMT buyback
$Amount Authorized: $7,500,000
Buyback Details: 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 Company's issued and outstanding common stock, par value $1.00 per share.

Core Molding Technologies and its subsidiaries operate in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. Co. produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products and other commercial markets. Co.'s Sheet Molding Compound is primarily a combination of resins, fiberglass, fillers, and catalysts compounded and cured in sheet form, which is then used to manufacture compression-molded products. Co. manufactures structural products using compression molding, resin transfer molding, and injection molding.

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CMT — Key Stats (updated 15 hours, 27 minutes ago)
Company Name:  Core Molding Technologies Inc
Stock buyback:  CMT buyback
Website:  www.coremt.com
Sector:  Rubber & Plastics
Number of ETFs Holding CMT:  19
Total Market Value Held by ETFs:  $12.91M
Total Market Capitalization:  $162.00M
% of Market Cap. Held by ETFs:  7.97%
 

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May 4, 2024  •  1:55 AM Eastern
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Strong Buy (4.00 out of 4)
95th percentile
(ranked higher than approx. 95% of all stocks covered)
Based on Zacks ABR data;
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