Recent Updates — MTX
Minerals Technologies Inc. reported a second-quarter loss per share of $5.90, driven by a $290 million charge to increase reserves for talc-related litigation and subsidiary bankruptcy costs. Excluding special items, earnings per share were $1.60, up 3 percent year-over-year, while consolidated net sales rose 4 percent to $548 million. The company maintains an adjusted net leverage ratio of 1.6x and declared a quarterly cash dividend of $0.12 per share. Minerals Technologies Inc. operates in the specialty minerals industry, sourcing, manufacturing, and distributing mineral-based products for consumer and industrial markets.
Minerals Technologies Inc. declared a regular quarterly cash dividend of $0.12 per share, payable on September 4, 2026, to shareholders of record as of August 14, 2026. The company is a global, technology-driven specialty minerals company that sources, manufactures, sells, and distributes mineral-based products and services.
Minerals Technologies Inc. filed a Plan of Reorganization in the Chapter 11 bankruptcy cases of BMI OldCo Inc. and its affiliated debtors in the U.S. Bankruptcy Court for the Southern District of Texas on June 29, 2026. Minerals Technologies Inc. provides specialty mineral-based products and services to various industrial sectors.