Marine Products CORP 8-K filings

Marine Products Corporation announced the successful approval of its merger agreement with MasterCraft Boat Holdings, Inc. by its stockholders at a special meeting held on May 12, 2026.

Marine Products Corporation announced its first quarter 2026 financial results, showing a 13% increase in net sales but a net loss due to significant merger-related costs.

Marine Products Corporation issued supplemental disclosures to its proxy statement to address shareholder litigation regarding the pending merger with MasterCraft Boat Holdings.

Marine Products Corporation announced its Board of Directors has declared a regular quarterly cash dividend of $0.14 per share.

MasterCraft Boat Holdings, Inc. announced an agreement to acquire Marine Products Corporation in a stock-and-cash transaction, combining the two marine industry companies.

Marine Products Corporation announced its acquisition by MasterCraft Boat Holdings in a cash and stock deal valued at $232.2 million, alongside reporting increased Q4 2025 net sales but decreased net income for the full year.

Marine Products Corporation announced a regular quarterly cash dividend of $0.14 per share and the upcoming retirement of director Jerry W. Nix.

Marine Products Corporation reported a 7% increase in net sales to $53.1 million for the third quarter of 2025, while net income declined 22% to $2.7 million due to higher R&D investments.

Marine Products Corporation announced a 25% decrease in second-quarter net income to $4.2 million on a 3% sales decline to $67.7 million, despite sequential sales growth and a strong cash position.

Marine Products Corporation announced the appointment of Gary Kolstad as an Independent Director, effective July 14, 2025, bringing extensive board and management experience to the company's leadership.

Marine Products Corporation successfully declassified its Board of Directors and re-elected directors to one-year terms at the 2025 Annual Meeting of Stockholders.

Marine Products Corporation's Q1 2025 results reflect a 15% decrease in net sales and a 52% drop in net income due to continued softness in the marine industry.

Gary W. Rollins and Pamela R. Rollins will retire from Marine Products Corporation's Board of Directors after the 2025 Annual Meeting of Stockholders.

Marine Products Corporation's Board of Directors approved amended and restated bylaws, declassifying the board and making other governance changes.

Marine Products Corporation announced a 33% decrease in net sales for the fourth quarter of 2024, alongside a 21% drop in net income, while highlighting cost control measures and a strong cash position.

Marine Products Corporation experienced a substantial decrease in net sales and earnings for the third quarter of 2024 due to weak consumer demand and reduced dealer orders.

Marine Products Corporation experienced a substantial decrease in sales and profits in the second quarter of 2024 due to weak dealer ordering and soft consumer demand.

Marine Products Corporation experienced a 42% decrease in net sales and a 60% drop in net income in the first quarter of 2024, while also declaring a special dividend of $0.70 per share.

Marine Products Corporation's stockholders approved the 2024 Stock Incentive Plan and elected three Class II directors at their annual meeting on April 23, 2024.

Marine Products Corporation announced a 35% decrease in net sales for the fourth quarter of 2023, reflecting a normalization of retail demand after a period of strong post-COVID sales.