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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Mannatech, Incorporated    MTEX

MANNATECH, INCORPORATED

(MTEX)
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Mannatech : Announces 2018 Annual Shareholders' Meeting Date

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04/20/2018 | 10:43am EDT

Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, has announced June 6, 2018 as the date of its Annual Shareholders’ Meeting. In addition, Mannatech has announced the record date for the determination of shareholders entitled to receive notice of and to vote at the 2018 Annual Shareholders’ Meeting as the close of business on April 9, 2018. Shareholders are invited to attend the meeting, which will be held at 9 a.m. Central Daylight Time at the Grapevine Convention Center in Grapevine, Texas. Shareholders that are entitled to vote should expect to receive Mannatech’s proxy statement and related materials in April.

About Mannatech

Mannatech, Incorporated, offers a profound wellness experience that makes a difference in the lives of people across the world. Through its innovative Glyconutrition products, Mannatech changes lives, providing an unprecedented level of natural wellness, freedom and purpose. With more than 20 years of experience and operations in 26 markets^, Mannatech is committed to changing lives. 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,” "hope," “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 preferred customers, 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.

^Mannatech operates in China under a cross-border e-commerce platform that is separate from its multi-level marketing model.


© Business Wire 2018
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Financials (USD)
Sales 2019 158 M - -
Net income 2019 3,29 M - -
Net cash 2019 16,5 M - -
P/E ratio 2019 11,9x
Yield 2019 3,11%
Capitalization 41,6 M 41,6 M -
EV / Sales 2018 0,14x
EV / Sales 2019 0,14x
Nbr of Employees 215
Free-Float 49,6%
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Managers
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Alfredo Bala President & Chief Executive Officer
J. Stanley Fredrick Chairman
David A. Johnson Chief Financial Officer
Larry A. Jobe Independent Director
Robert A. Toth Vice Chairman
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