COPPELL, Texas--(BUSINESS WIRE)--Feb. 23, 2017--
Mannatech,
Incorporated (NASDAQ: MTEX), a global health and
wellness company committed to transforming lives to make a better world,
announced that its Board of Directors declared a cash dividend of $0.125 per
share of common stock, payable on Wednesday, March 29, 2017, to
shareholders of record at the close of business on Wednesday, March 8,
2017. The dividend reflects a commitment to rewarding shareholders and
encouraging long-term investment in Mannatech’s common stock.
Alfredo “Al” Bala, President and CEO of Mannatech, said, “The company’s
financial position supports a dividend and represents our belief in the
quality of our products, strength of our sales force, and the future of
our company. Mannatech continues its commitment to returning value to
our shareholders.”
About Mannatech
Mannatech, Incorporated is committed to transforming lives through the
development of high quality integrated health, weight management,
fitness and skin care products distributed through its global network of
independent associates and members. The company has been operating for
more than 20 years with operations in more than 26 markets. For more
information, visit Mannatech.com.
Please Note: This release contains “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as amended,
and the Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally can be identified by use of phrases
or terminology such as “may,” “will,” “should,” “could,” “would,”
“expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,”
“approximates,” “predicts,” “projects,” “potential,” and “continues” or
other similar words or the negative of such terminology. Similarly,
descriptions of Mannatech’s objectives, strategies, plans, goals or
targets contained herein are also considered forward-looking statements.
Mannatech believes this release should be read in conjunction with all
of its filings with the United States Securities and Exchange Commission
and cautions its readers that these forward-looking statements are
subject to certain events, risks, uncertainties, and other factors. Some
of these factors include, among others, Mannatech’s inability to attract
and retain associates and members, increases in competition, litigation,
regulatory changes, and its planned growth into new international
markets. Although Mannatech believes that the expectations, statements,
and assumptions reflected in these forward-looking statements are
reasonable, it cautions readers to always consider all of the risk
factors and any other cautionary statements carefully in evaluating each
forward-looking statement in this release, as well as those set forth in
its latest Annual Report on Form 10-K, and other filings filed with the
United States Securities and Exchange Commission, including its current
reports on Form 8-K. All of the forward-looking statements contained
herein speak only as of the date of this release.
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Source: Mannatech, Incorporated
Mannatech, Incorporated
Donna Giordano, 972-471-6512
Manager,
Executive Office Administration
ir@mannatech.com
www.mannatech.com