1 unchanged sentence
Our common stock is listed on the New York Stock Exchange under the symbol "CTS." On February 22, 2022, there were approximately 894 shareholders of record.
−Removed: There were no repurchases of the Company's equity securities during the three months ended December 31, 2020.
−Removed: As of December 31, 2020, approximately $5.7 million remained available under the repurchase program.
−Removed: In February 2019, our Board of Directors authorized a new stock repurchase program with a maximum dollar limit of $25,000 in stock repurchases, which replaced the previous authorized plan that was approved by our Board of Directors in April 2015.
−Removed: The authorization has no expiration date.
−Removed: During the year ended December 31, 2020 we purchased 342,731 shares for approximately $8,080.
+Added: Average Price
+Added: October 1, 2021 – October 31, 2021
+Added: November 1, 2021 – November 30, 2021
+Added: December 1, 2021 – December 31, 2021
+Added: On May 13, 2021, the Board of Directors authorized a stock repurchase program with a maximum dollar limit of $50 million.
+Added: This program authorizes us to make repurchases of our common stock from time to time on the open market, including pursuant to Rule 10b5-1 plans, but does not obligate us to make repurchases, and it has no expiration date.
+Added: Approximately $41,214 is still available for future purchases under this program.
Shareholder Performance Graph
−Removed: The following graph shows a five-year comparison of the cumulative total shareholder return on CTS common stock with the cumulative total returns of a general market index and a peer group index (S&P 500 and Dow Jones Electrical Components & Equipment Industry Group).
+Added: The following graph shows a five-year comparison of the cumulative total shareholder return on CTS common stock with the cumulative total returns of a general market index and a peer group index (Russell 2000 Index and Dow Jones Electrical Components & Equipment Industry Group).
The graph tracks the performance of a $100 investment in the Company's common stock and in each of the indexes (with the reinvestment of all dividends) on December 31, 2016.
CTS CORPORATION 18
−Removed: Selected Financial Data
−Removed: Five-Year Summary
−Removed: (Amounts in thousands, except percentages and per share amounts)
−Removed: Summary of Operations
−Removed: Cost of goods sold
−Removed: Selling, general and administrative expenses
−Removed: Research and development expenses
−Removed: Restructuring charges
−Removed: (Gain) loss on sale of assets
−Removed: Operating earnings
−Removed: Total other (expense), net
−Removed: Earnings before taxes
−Removed: Income tax expense
−Removed: Retained earnings - beginning of year
−Removed: Dividends declared
−Removed: Implementation of new accounting standard
−Removed: Retained earnings - end of year
−Removed: Net earnings per share:
−Removed: Average basic shares outstanding (000s)
−Removed: Average diluted shares outstanding (000s)
−Removed: Cash dividends per share (annualized)
−Removed: Capital expenditures
−Removed: Depreciation and amortization
−Removed: Financial Position at Year End
−Removed: Current assets
−Removed: Current liabilities
−Removed: Current ratio
−Removed: Working capital
−Removed: Net property, plant and equipment
−Removed: Long-term debt
−Removed: Long-term obligations, including long-term debt
−Removed: Shareholders' equity
−Removed: Common shares outstanding (000s)
−Removed: Equity (book value) per share
−Removed: Stock price range
−Removed: Certain acquisitions, divestitures, closures of operations or product lines, and certain accounting reclassifications affect the comparability of information contained in the "Five-Year Summary.”
−Removed: CTS CORPORATION 17
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.