February 23, 2010 (FinancialWire) — The board of directors of Minerals Technologies Inc. (NYSE: MTX) has authorized a share repurchase program of $75 million over a two-year period.

The authorization succeeds the previous repurchase program that expired in October of 2009.

New York-based Minerals Technologies develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services.

The company recorded sales of $907.3 million in 2009.

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