NYSE:CTSElectronic
CTS Corporation (CTS): Evaluating Valuation After $100M Buyback and Board Addition of Kimberly Banks MacKay
CTS Corporation (CTS) just rolled out a fresh $100 million share repurchase plan with no set expiration, coinciding with the appointment of Kimberly Banks MacKay to the Board. Both moves highlight the company’s active approach to capital allocation and leadership strategy.
See our latest analysis for CTS.
The fresh $100 million buyback plan and addition of a seasoned board member landed as CTS's share price recovers modestly from its recent lows. Despite a strong 7-day move and a 30-day share...