Company: TTMI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000950170-25-063937
Chunk: 3

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-05-06
Form: 10-Q
Item: Part II, Item 1A
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There have been no material changes in our risk factors as previously disclosed in Part I, Item 1A, Risk Factors, of our Annual Report on Form 10-K for the fiscal year ended December 30, 2024. 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities

The following table provides information about repurchases by us of shares of our common stock during the quarter ended March 31, 2025: 

     Period
      
     Total Number ofShares Purchased

     Average PricePaid per Share (1)

     Total Number ofShares Purchased AsPart of PubliclyAnnounced Program (2)

     MaximumApproximate DollarValue of Shares that May Yet be PurchasedUnder the Program (3)

     (In thousands, except per share data)

     December 31, 2024 - January 27, 2025

     —

     $
     —

     —

     $
     41,088

     January 28, 2025 - February 24, 2025

     500

     25.98

     500

     28,098

     February 25, 2025 - March 31, 2025

     200

     24.42

     200

     23,213

     Total for the quarter ended March 31, 2025

     700

     $
     25.54

     700

(1)Includes commissions.

(2)On May 3, 2023, our Board of Directors authorized and approved a share repurchase program, under which we may repurchase up to $100,000 in value of our outstanding shares of common stock from time to time through May 3, 2025.

(3)As of the last day of the applicable period.

Item 3. Defaults Upon Senior Securities

Not applicable.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

Rule 10b5-1 Trading PlansOn February 26, 2025, Steven Spoto, President of our Integrated Electronics Business Unit, adopted a Rule 10b5-1 trading arrangement that is intended to provide for “eligible sell-to-cover transactions” (as described in Rule 10b5-1(c)(1)(ii)(D)(3) under the Securities Exchange Act of 1934, as amended (Exchange Act)) to satisfy tax withholding obligations