CTS Corporation board authorizes new share repurchase program

Updated 5/14/2021 2:26 PM

The board of directors of Lisle-based CTS Corporation approved a new share repurchase program that authorizes the company to repurchase up to $50 million of its common stock, replacing the program authorized in February 2019.

In addition, the board declared a cash dividend of $0.04 per share, payable July 23, 2021, to shareholders of record at the close of business on June 18, 2021.


CTS manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical, telecommunications/IT, and transportation markets.

For more information, visit www.ctscorp.com.

Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.