Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity
On May 13, 2021, the Board of Directors authorized a stock repurchase program with a maximum dollar limit of $50 million. This program authorizes us to make repurchases of our common stock from time to time on the open market, but does not obligate us to make repurchases, and it has no expiration date. The authorization of the stock repurchase program replaced the stock repurchase program authorized by the Board of Directors on February 7, 2019.
Total Number
Maximum Dollar
of Shares
Value of Shares
Purchased as
That May Yet By
Total Number
Part of Publicly
Purchased Under
of Shares
Average Price
Announced
Publicly Announced
Purchased
Paid per Share
Programs
Plans or Programs
July 1, 2021 through July 31, 2021
37,400
$
34.23
37,400
$
48,720
August 1, 2021 through August 31, 2021
34,669
$
34.81
34,669
$
47,513
September 1, 2021 through September 30, 2021
75,966
$
32.28
75,966
$
45,061
Total
148,035
$
33.36
148,035
37
Item 6. Exhibits
(31)(a)
Certification pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.
(31)(b)
Certification pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.
(32)(a)
Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.
(32)(b)
Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.
101.1
The following information from CTS Corporation’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 formatted in Inline XBRL: (i) Condensed Consolidated Statements of (Loss) Earnings for the three and nine months ended September 30, 2021 and 2020; (ii) Condensed Consolidated Statements of Comprehensive Earnings for the three and nine months ended September 30, 2021 and 2020; (iii) Condensed Consolidated Balance Sheets at September 30, 2021 and December 31, 2020; (iv) Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2021 and 2020; (v) Condensed Consolidated Statements of Shareholders’ Equity for the three and nine months ended September 30, 2021 and 2020; (vi) Notes to Condensed Consolidated Financial Statements, tagged as blocks of text and including detailed tags.
104
The cover page from this Current Report on Form 10-Q formatted as inline XBRL
38
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CTS Corporation
CTS Corporation
/s/ Thomas M. White
/s/ Ashish Agrawal
Thomas M. White
Ashish Agrawal
Corporate Controller
(Principal Accounting Officer)
Vice President and Chief Financial Officer
(Principal Financial Officer)
Dated: October 27, 2021
Dated: October 27, 2021
39
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.