TTM Announces Completion of Existing 2025 Share Repurchase Program and Authorization of New $100 Million Program

manilatimes.net · 2026-10-27

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 $86.31 per share (including commissions) for an aggregate value of approximately $100 million.

TickrTrends take: TTM Technologies announced completion of its existing share repurchase program and authorization of a new $100 million program, signaling management's confidence in the company's value at current levels. Given TickrTrends' Fairly valued assessment, investors should monitor how capital allocation between buybacks and organic growth investments in the Technology sector affects future earnings per share and return on invested capital. The timing and execution pace of the new repurchase authorization will be relevant to watch alongside the company's operational performance to evaluate whether the Fairly valued designation remains appropriate.

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