Core Molding (NYSE: CMT) expands stock buyback authorization to $7.5M

Rhea-AI Filing Summary

Core Molding Technologies, Inc. reported that its Board of Directors has increased the company’s existing stock repurchase program. The expansion authorizes the company to repurchase up to an additional $6,500,000 of its outstanding common shares.

As of the announcement date, there was approximately $1,000,000 of remaining repurchase authority, bringing the total authorization under the program to $7,500,000. Repurchases will be made in the open market in line with applicable securities laws, and the program can be suspended or terminated at the company’s discretion.

Insights

Equity capital allocation analyst

Core Molding increases its share repurchase capacity to $7.5M, signaling continued use of buybacks as a capital allocation tool.

The Board authorized up to an additional $6,500,000 in share repurchases, lifting the total buyback capacity to $7,500,000. This reflects an ongoing willingness to return capital through open-market purchases of common stock, subject to market conditions and legal requirements.

The program is explicitly discretionary, with no obligation to repurchase a specific amount and flexibility to suspend or terminate it at any time. Actual impact on share count and trading dynamics will depend on how quickly and at what prices the company chooses to execute repurchases.

0001026655false3/11/2026800 Manor Park DriveColumbusOhio00010266552026-03-112026-03-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 11, 2026

Core Molding Technologies, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-12505

31-1481870

(State or other jurisdiction incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

800 Manor Park Drive, Columbus, Ohio

43228-0183

(Address of principal executive office)

(Zip Code)

Registrant’s telephone number, including area code: (614) 870-5000

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.01			CMT			NYSE American LLC
Preferred Stock purchase rights, par value $0.01			N/A			NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

Item 8.01 Other Events

On March 11, 2026, Core Molding Technologies, Inc. (the “Company”) issued a press release announcing that its Board of Directors has approved an increase to its existing stock repurchase program authorizing the Company to repurchase up to an additional approximately $6,500,000 of its outstanding shares of common stock. As of the date hereof there was approximately $1,000,000 of remaining repurchase authority under the stock repurchase program, bringing the total repurchase authority under the stock repurchase program with the announced increase to $7,500,000. Repurchases of shares of common stock under the stock repurchase program will be made in the open market and in accordance with applicable securities laws. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company’s discretion. The foregoing description of the press release is qualified in its entirety by reference to the complete text of the press release furnished as Exhibit 99.1 hereto, which is hereby incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number						Description
99.1						Press Release dated March 11, 2026
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CORE MOLDING TECHNOLOGIES, INC.

Date: March 11, 2026

By:

/s/ Alex J. Panda

Name:

Alex J. Panda

Title:

Executive Vice President, Treasurer, Secretary and Chief Financial Officer

FAQ

What did Core Molding Technologies (CMT) announce in this 8-K?

Core Molding Technologies announced that its Board approved an increase to the existing stock repurchase program. The company can now buy back more common shares under this plan, subject to market conditions and applicable securities laws.

How much additional stock can Core Molding Technologies repurchase?

The Board authorized Core Molding Technologies to repurchase up to an additional approximately $6,500,000 of its outstanding common stock. This expansion adds to the remaining capacity that was already available under the existing repurchase program.

What is the total stock repurchase authorization for Core Molding Technologies?

After the Board’s action, total authority under Core Molding Technologies’ stock repurchase program is approximately $7,500,000. This figure combines the prior remaining $1,000,000 authorization with the newly approved additional $6,500,000 capacity.

How will Core Molding Technologies execute its stock repurchases?

Core Molding Technologies plans to make share repurchases in the open market. All buybacks will be conducted in accordance with applicable securities laws, giving the company flexibility to time and size purchases based on market conditions.

Is Core Molding Technologies required to repurchase a specific amount of stock?

Core Molding Technologies is not obligated to repurchase any particular amount of common stock under the program. The repurchase plan may be suspended or terminated at any time at the company’s discretion, providing full flexibility over execution.

What exhibit was included with Core Molding Technologies’ 8-K filing?

The filing includes Exhibit 99.1, a press release dated March 11, 2026, describing the repurchase program increase. It also lists Exhibit 104, which is the cover page interactive data file embedded within the Inline XBRL document.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 10.9 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB