Tranche Update on Mannatech, Incorporated's Equity Buyback Plan announced on May 29, 2020.
August 11, 2020 at 06:07 am EDT
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From May 29, 2020 to June 25, 2020, the company has repurchased 294,117 shares, representing 12.31% for $5 million. With this, the company has completed the repurchase of 294,117 shares, representing 12.31% for $5 million under the buyback announced on May 29, 2020.
Mannatech, Incorporated is a global wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. The Company's product category includes Integrative Health, Targeted Health, Weight and Fitness, Skin Care, Essentials, and Home Living. Integrative Health includes Ambrotose Complex, Ambrotose AO, Advanced Ambrotose, Ambrotose Life Catalyst, Cognitate, Manapol Powder, MannaBears, and others. Targeted Health includes BounceBack, CardioBALANCE, GI-ProBalance Slimstick, GI-Zyme, GI-Defense, Blood Sugar ProBalance, ImmunoSTART, and others. Weight and Fitness includes OsoLean, SPORT, TruHealth Fat Loss System and others. Skin Care includes Emprizone, FIRM with Ambrotose, Uth Facial Cleanser, and others. Essentials include Catalyst Multivitamin, Liver Support, Joint Support and SUPERFOOD. Home Living includes SERENITY Oils and Blends, Organt and PURO.