UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
To Section 13 OR 15(d) of The Securities Exchange Act of 1934
|
Date
of Report (Date of earliest event reported): February 22,
2010
|
|
MINERALS
TECHNOLOGIES INC.
|
|
(Exact
name of registrant as specified in its
charter)
|
|
Delaware
|
|
1-11430
|
|
25-1190717
|
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
|
405
Lexington Avenue, New York, NY
|
|
10174-0002
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
|
(212)
878-1800
|
||
|
(Registrant's
telephone number, including area
code)
|
||
|
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions.
|
|
|
[ ]
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
[ ]
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
[ ]
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
[ ]
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17
CFR 240.13e-4(c))
|
|
Item
8.01
|
Other
Events.
On
February 22, 2010, Minerals Technologies Inc. issued a press release
announcing that its Board of Directors has authorized a share repurchase
program of $75 million over a two-year period.
A
copy of the press release is included as Exhibit 99.1 and is incorporated
into this Item 8.01 by reference.
|
|||
|
Item
9.01
|
Financial
Statements and Exhibits.
|
|||
|
(d)
|
Exhibits
|
|||
|
99.1
|
Press
Release dated February 22, 2010
|
|||
SIGNATURES
|
Pursuant to the requirements of
the Securities Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly
authorized.
|
|
|
|
MINERALS
TECHNOLOGIES INC.
|
|
|
(Registrant)
|
|||
|
By:
|
/s/
Thomas J. Meek
|
||
|
Name:
Thomas J. Meek
|
|||
|
Title:
Vice President, General Counsel and Secretary
|
|||
|
Date: February
22, 2010
|
|||
MINERALS
TECHNOLOGIES INC.
EXHIBIT
INDEX
|
Exhibit No.
|
|
Subject
Matter
|
|
99.1
|
|
Press
Release dated February 22, 2010
|
EXHIBIT 99.1 News
|
For
Immediate Release
|
Contact:
|
|
February
22, 2010
|
Rick
B. Honey
|
|
(212)
878-1831
|
MINERALS
TECHNOLOGIES’ BOARD OF DIRECTORS APPROVES
$75 MILLION SHARE REPURCHASE
PROGRAM
----------
NEW YORK,
February 22—The Board of Directors of Minerals Technologies Inc. (NYSE: MTX) authorized a share
repurchase program of $75 million over a two-year period. This authorization
succeeds the previous repurchase program that expired in October of
2009.
“This authorization will permit the
company to renew our share repurchase program that was suspended to conserve
cash during the fourth quarter of 2008 when the worldwide economy took a
dramatic downturn,” said Joseph C. Muscari, chairman and chief executive
officer. “We expect to continue with the balanced, opportunistic approach to
buying back our shares that we had been following under previous
authorizations.”
Minerals Technologies Inc. is a global
resource- and technology-based growth company that develops, produces and
markets worldwide a broad range of specialty mineral, mineral-based and
synthetic mineral products and related systems and services. The company
recorded sales of $907.3 million in 2009.
----------
For
further information about Minerals Technologies Inc. look on the internet at
http://www.mineralstech.com/