CTS Corporation Declares a Dividend and Share Repurchase Program

Rhea-AI Summary

CTS Corporation (NYSE: CTS) declared a $0.04 per share cash dividend payable on Jan 23, 2026 to shareholders of record on Dec 26, 2025. The board also authorized a new $100 million share repurchase program to replace the February 2024 plan.

The repurchase program has no set expiration date and permits buys in the open market or via privately negotiated transactions; timing and amounts will depend on market conditions and other factors.

Positive

• Declared cash dividend of $0.04 per share
• Authorized $100 million share repurchase program
• Repurchase program has no expiration date

Negative

• Dividend amount is modest relative to large-cap payouts
• Repurchases subject to market conditions; timing uncertain

LISLE, Ill., Nov. 07, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 23, 2026, to shareholders of record at the close of business on December 26, 2025.

CTS Corporation also announced a new share repurchase program authorizing the company to buy back up to $100 million of its common stock.

This program replaces the prior share repurchase program that was approved in February 2024. The program has no set expiration date and allows for repurchases to be made from time to time in the open market or through privately negotiated transactions. The timing and actual amount of shares repurchased depend on various factors, including market conditions.

About CTS

CTS Corporation (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical and transportation markets. For more information, visit www.ctscorp.com.

Contact

Ashish Agrawal
Vice President and Chief Financial Officer
CTS Corporation
4925 Indiana Avenue
Lisle, IL 60532 USA
+1 (630) 577-8800
ashish.agrawal@ctscorp.com

FAQ

What dividend did CTS (NYSE: CTS) declare on Nov 7, 2025?

CTS declared a cash dividend of $0.04 per share payable on Jan 23, 2026 to holders of record on Dec 26, 2025.

How large is the CTS share repurchase program announced Nov 7, 2025?

The company authorized a repurchase program of up to $100 million of common stock.

When will CTS repurchases under the new $100M program occur?

Repurchases may occur from time to time in the open market or through private transactions; timing depends on market conditions.

Does the new CTS buyback replace a previous program?

Yes; the $100 million program replaces the prior repurchase program approved in February 2024.

Is there an expiration date for CTS’s new repurchase program?

No; the program has no set expiration date.

Who is eligible to receive the CTS dividend paid Jan 23, 2026?

Shareholders of record at the close of business on Dec 26, 2025 are eligible for the dividend.