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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 15, 2005
MARINE PRODUCTS CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware 1-16263 58-2572419
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
2170 Piedmont Road, NE, Atlanta, Georgia 30324
(Address of principal executive office) (zip code)
Registrant's telephone number, including area code: (404) 321-7910
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 (see General Instruction A.2. below):
|_| 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))
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Item 8.01 Other Events.
On September 15, 2005, Marine Products Corporation issued a press release
entitled, "Marine Products Corporation Announces New Share Repurchase Plan to
Replace Previous Share Repurchase Plan," which states that Marine Products
Corporation authorized the repurchase of up to 3,000,000 shares of its common
stock. This program replaces a previous program authorized on April 25, 2001,
and the new program does not have an expiration date.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99 - Press Release dated September 15, 2005
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Marine
Products Corporation has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Marine Products Corporation.
Date: September 15, 2005 /s/ BEN M. PALMER
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Ben M. Palmer
Vice President,
Chief Financial Officer and Treasurer
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