TTM Technologies (TTMI) Board of Directors Approves $100 million Share Repurchase Program
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TTM Technologies, Inc. Board of Directors Approves $100 million Share Repurchase Program
February 3, 2021 4:05 PM ESTSANTA ANA, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) today announced that its Board of Directors authorized a share repurchase program allowing the Company to repurchase its outstanding common stock with an aggregate market value of up to $100 million from time to time through February 3, 2023.
Given the companys strategic and operational progress over the past few years and our strong balance sheet, we believe repurchasing shares is a prudent use of capital, said Tom Edman, President and Chief Executive Officer. While strategic acquisitions remain a primary use of our strong free... More
