TTM Technologies, Inc. (TTMI) said on Friday that its Board has authorized a new share repurchase program of up to $100 million from time to time through May 7, 2027.
Dan Boehle, CFO of TTM Technologies, said: "Given the company's solid cash flow generation and strong balance sheet, we believe repurchasing shares is a prudent use of capital. While strategic acquisitions remain a primary goal for the use of our free cash flow, this authorization provides us with added flexibility to enhance shareholder value."
The company also noted that its previous two-year share repurchase program expired on May 3, 2025.
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