TTM Announces Completion of Existing 2025 Share Repurchase Program and Authorization of New $100 Million Program
Key Highlights
- ➤TTM completed $100 million repurchase, buying approximately 1.16 million shares at $86.31 average
- ➤Board authorized new $100 million share repurchase program through October 27, 2027
- ➤CEO cited confidence in TTM’s growth strategy and anticipated N+M product sales ramp
Expert Statements
Edwin Roks, President and Chief Executive Officer of TTM Technologies
“Our repurchases under our 2025 Share Repurchase Program underscore our confidence in TTM’s growth strategy, including the anticipated growth from the ramp in sales of the Company’s N+M products,”
SANTA ANA, Calif., Oct. 27, 2026 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI), a leading global manufacturer of technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and technologically advanced interconnect products, including printed circuit boards and substrates, today announced it has completed its existing authorized share repurchase program, which was previously announced on May 8, 2025 (the “2025 Share Repurchase Program”). Pursuant to the 2025 Share Repurchase Program, the Company repurchased a total of approximately 1.16 million shares of its common stock with cash on hand, with all such repurchases occurring on October 26, 2026 and October 27, 2026 at an average price of $86.31 per share (including commissions) for an aggregate value of approximately $100 million.
“Our repurchases under our 2025 Share Repurchase Program underscore our confidence in TTM’s growth strategy, including the anticipated growth from the ramp in sales of the Company’s N+M products,” said Dr. Edwin Roks, President and Chief Executive Officer of TTM.
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