On October 29, TTM Technologies Inc. saw an Intraday Rise of 5.13% in Regular Trading, with the stock trading at $91.105 and turnover of $225 million.
The move was supported by the company’s announcement that it completed a $100 million share repurchase program and that its board authorized a new $100 million buyback plan.
The completed repurchase covered about 1.16 million shares bought on October 26 and 27 at an average price of $86.31 per share, including commissions. The new authorization allows repurchases of up to $100 million through October 27, 2027, via open-market purchases, privately negotiated transactions, or other methods, although it does not obligate the company to buy any specific amount. The buyback update adds to support from TTM Technologies Inc.’s recent third-quarter results, where adjusted EPS of $1.46 and revenue of $1.204 billion both exceeded market expectations, alongside higher revenue and EPS guidance.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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