Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equi ty
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.
Total Number
Maximum Dollar
of Shares
Value of Shares
Purchased as
That May Yet Be
Total Number
Part of Publicly
Purchased Under
of Shares
Average Price
Announced
Publicly Announced
Purchased
Paid per Share
Programs
Plans or Programs
January 1, 2022 through January 31, 2022
28,000
$
33.66
28,000
$
40,272
February 1, 2022 through February 28, 2022
59,027
$
33.28
59,027
$
38,307
March 1, 2022 through March 31, 2022
29,149
$
34.75
29,149
$
37,295
Total
116,176
$
33.74
116,176
30
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 March 31, 2022 formatted in Inline XBRL: (i) Condensed Consolidated Statements of Earnings for the three months ended March 31, 2022 and 2021; (ii) Condensed Consolidated Statements of Comprehensive Earnings for the three months ended March 31, 2022 and 2021; (iii) Condensed Consolidated Balance Sheets at March 31, 2022 and December 31, 2021; (iv) Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2022 and 2021; (v) Condensed Consolidated Statements of Shareholders’ Equity for the three months ended March 31, 2022 and 2021; (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
31
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: April 28, 2022
Dated: April 28, 2022
32
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.