TTM Announces Completion of Existing 2025 Share Repurchase Program and Authorization of New $100 Million Program
The new authorization permits further common-stock repurchases through October 27, 2027, without requiring purchases.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
TTM Technologies (NASDAQ:TTMI) completed its 2025 share repurchase program and authorized a new program for up to $100 million.
The completed program repurchased approximately 1.16 million shares on October 26 and October 27, 2026, using cash on hand. The average price was $86.31 per share, including commissions, for an aggregate value of approximately $100 million. The new authorization runs until October 27, 2027. Management will determine repurchase timing and amounts based on liquidity, capital requirements and other factors; the authorization does not require any particular amount of purchases.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointCompleted repurchases returned approximately $100 million to shareholders, buying approximately 1.16 million shares at $86.31 each, including commissions. 1.1% of market cap
- Moderate point. Forward-looking: it has not happened yet and may not happen.New authorization permits up to $100 million in common-stock repurchases until October 27, 2027. 1.1% of market cap
Negative
- None.
Key Figures
- Shares repurchased
- Approximately 1.16 million shares
- Completed 2025 Share Repurchase Program
- Average repurchase price
- $86.31 per share
- Includes commissions
- Aggregate repurchase value
- Approximately $100 million
- Completed 2025 Share Repurchase Program
- New repurchase authorization
- $100 million
- 2026 Share Repurchase Program; authorized through October 27, 2027
Previous Buybacks Reports
-
Board authorized a $100 million program through May 7, 2027, replacing the prior program.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
rule 10b-18 regulatory
rule 10b5-1 plans regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
“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.
The repurchases under the 2025 Share Repurchase Program were made in the open market at prevailing market prices in compliance with applicable securities laws, including the safe harbor provisions of Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.
Authorization of New
Also on October 27, 2026, the Company’s Board of Directors authorized a new share repurchase program (the “2026 Share Repurchase Program”), allowing the Company to repurchase its outstanding common stock up to an aggregate value
The timing, manner, price and amount of any share repurchases under the 2026 Share Repurchase Program will be determined by the Company’s management based on various factors, such as available liquidity, anticipated capital requirements, cash flows, general market conditions, applicable legal and contractual restrictions and other relevant considerations. The 2026 Share Repurchase Program may be executed through open market purchases, privately negotiated transactions and other methods, including through Rule 10b5-1 plans. The authorization does not obligate the Company to acquire any particular amount of common stock and the program may be suspended or discontinued at the Company’s discretion without prior notice.
About TTM
TTM Technologies, Inc. is a leading global manufacturer of technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and technologically advanced interconnect products, including PCBs and substrates. TTM stands for time-to-market, representing how TTM’s time-critical, one-stop design, engineering and manufacturing services enable customers to reduce the time required to develop new products and bring them to market. Additional information can be found at www.ttm.com.
Safe Harbor Statement
This press release may contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: the Company’s financial condition, liquidity and capital requirements, acquisition and investment opportunities, our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Contact:
Sean K.F. Hannan
Vice President, Investor Relations
Sean.Hannan@ttmtech.com
+1 339 466 7737
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much stock did TTM Technologies repurchase under its completed 2025 program?
TTM repurchased approximately 1.16 million shares for approximately $100 million, using cash on hand. Purchases occurred on October 26 and October 27, 2026, at an average price of $86.31 per share, including commissions.