The Direct Selling Associations of the U.S., Canada and Australia recently recognized Al Bala, Mannatech President and CEO; Jenny Messenger, Mannatech Executive Director; and Vida Achundsada, Operations Manager for Mannatech Canada for their years of experience, insight, leadership and service to the direct selling industry.
Mannatech announced the initial results for its cash tender offer to purchase up to 211,538 shares of its outstanding common stock, par value $0.0001 per share, at a per share price of $26. A preliminary count reveals that a total of 169,622 shares of common stock were properly tendered and not properly withdrawn, excluding 4,627 […]
The Board of Directors for Mannatech, Incorporated have declared a $0.16 per share of common stock cash dividend, which will be payable on Monday, June 14, 2021 to shareholders of record on June 2, 2021. The Board believes this dividend “demonstrates a commitment to rewarding shareholders and encouraging long-term investment in Mannatech’s common stock.” “Mannatech […]
In a continued effort to demonstrate support for healthcare workers, Mannatech, Incorporated donated thousands of units of ImmunoSTART, its year-round nutritional supplement, to Medicine for the World and Helping Seniors in Minnesota.
Mannatech, Incorporated announced its financial results for the first quarter of 2021, reporting net sales of $38.3 million, a 4.7% increase over the first quarter of last year. Net income for the quarter reached $2.2 million, or $1.04 per diluted share, a slight downturn from the first quarter of 2020, which totaled $2.8 million and […]
Mannatech, through its Do Good Feel Good promotion, will donate two free bottles of its ImmunoSTART® supplement for each ImmunoSTART ®4-pack bundle purchased. Donations will benefit Seniors Helping Seniors, an in-home care service that empowers seniors to continue to live independent lives. “We are thrilled to be partnering with Mannatech in such a worthy cause,” […]
Mannatech, Incorporated announced its fourth quarter 2020 and full-year results. The company’s Q4 2020 net sales were $39.2 million, a decline of 2.5% on a Constant dollar basis. Foreign exchange during the fourth quarter did create a net sales increase of $0.8 million as compared to the same time period in 2019. Net income for […]
The Board of Directors for Mannatech, Incorporated have declared a cash dividend of $0.16 per share of common stock. This dividend will be payable on March 30, 2021, to shareholders who are of record Tuesday, March 16, 2021. The Board believes this dividend is a demonstration of the company’s “commitment to rewarding shareholders and encouraging […]
Stan Fredrick co-founded Colony House and Colesce Couture. He is a majority shareholder of WineShop at Home and Custom Fit Bra Company. Stan is also a founder and partner of Blue Ostrich Winery and Vineyard. In 2001, Fredrick became a board member and the second-largest beneficial shareholder of Mannatech. As an industry advocate for more than four […]
Mannatech’s M5M Foundation, the company’s philanthropic initiative, was honored with the Making a Difference Award by the DSA Canada Awards in a virtual event. For this award, DSA Canada evaluates the program’s engagement, the company’s vision and motivation, and involvement relative to the company’s size. Mannatech was awarded because of the profound difference its charitable […]
Mannatech has created an innovative series of weekly product focus events for the month of November. The overarching goal of each event is to bring added value to future customers, and to help Associates close more sales. Mannatech Associates simply invite guests to a virtual 20-minute TED Talk-like presentation where Mannatech’s Chief Science Officer Dr. […]
Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on […]