Core Molding adds $6.5M to stock buyback for total $7.5M authorization

CORE MOLDING TECHNOLOGIES INC

Board authorized $7.5M stock repurchase program, adding $6.5M on top of $1M remaining authority.
Management cites strong financial position and commitment to shareholder value.
Incoming CEO Eric Palomaki (current COO) expressed confidence in the Company's growth prospects.
Repurchases will be made in open market subject to securities laws; no obligation to buy specific amount.
Company is an engineered materials firm serving building products, industrial, truck, and powersports.

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