secwatch.observer — SEC 8-K summary
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Issuer:     MINERALS TECHNOLOGIES INC (MTX)
CIK:        0000891014
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000891014-24-000114
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MTX reports record Q3 adj EPS $1.51, sales $525M, raises dividend 10%, authorizes $200M buyback
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- GAAP EPS $1.45; adjusted EPS $1.51 (record Q3); operating income ex-special items $79M, up 3%.
- Worldwide net sales $525M, down 4% reported, 2% underlying; Consumer & Specialties segment op income up 9%.
- Engineered Solutions sales $244M, down 5%; op income $39M, down 4%, margin improved 10 bps to 15.9%.
- Dividend increased 10% to $0.11/share, payable Dec 5, record Oct 31; Board authorized new $200M share repurchase program.
- Completed previous $75M repurchase program; CEO cites financial strength and record year outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891014/000089101424000114/0000891014-24-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891014/000089101424000114/form8k_1025.htm
  HTML page:      https://secwatch.observer/filing/0000891014-24-000114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer