May 18, 2018 / 12:34 PM / 3 months ago

BRIEF-Standard Motor Products Announces New Stock Repurchase Program

May 18 (Reuters) - Standard Motor Products Inc:

* STANDARD MOTOR PRODUCTS INC ANNOUNCES NEW STOCK REPURCHASE PROGRAM

* STANDARD MOTOR PRODUCTS INC - BOARD OF DIRECTORS HAS AUTHORIZED PURCHASE OF UP TO $20 MILLION OF ITS COMMON STOCK UNDER A STOCK REPURCHASE PROGRAM.

* STANDARD MOTOR PRODUCTS INC - COMPANY INTENDS TO FUND STOCK REPURCHASE PROGRAM THROUGH ITS REVOLVING CREDIT FACILITY

* STANDARD MOTOR PRODUCTS INC - STOCK REPURCHASE PROGRAM MAY BE SUSPENDED OR DISCONTINUED AT ANY TIME. Source text for Eikon: Further company coverage:

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