CTS Corp (CTS) Approves 1M Common Buyback
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CTS Corporation (NYSE: CTS) today announced that its Board of Directors authorized the repurchase of up to one million of its outstanding shares of common stock, for cash, in the open market on the New York Stock Exchange or in privately negotiated transactions.
The one million shares would represent approximately three percent of the Company’s 33.9 million outstanding shares of common stock. On July 5, 2012, CTS completed a previously authorized buyback program of one million shares.
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The one million shares would represent approximately three percent of the Company’s 33.9 million outstanding shares of common stock. On July 5, 2012, CTS completed a previously authorized buyback program of one million shares.
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