Form 8-K · Current Report · Filed 2025-05-09
TTM Technologies Announces Retirement of Board Member and New Share Repurchase Program
TTM Technologies, Inc. announced the retirement of its founder and long-serving board member, Kenton K. Alder, on May 8, 2025, due to his attainment of the mandatory retirement age of 75. Alder, who founded the company in 1998, has been a key figure in the company's growth and success. Additionally, on May 9, 2025, the board approved a new share repurchase program allowing the company to repurchase up to $100 million of its outstanding shares through May 7, 2027.
- Filer
- TTM Technologies, Inc. TTMI · NASDAQ
- Filed
- Accession
- 0001193125-25-116469
- CIK
- 0001116942
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Submission of Matters to a Vote of Security Holders
Regulation FD Disclosure
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$26.14
Next session
+10.6%
Since filing
+341.6%
Latest close
$115.44
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from TTMI reporting the same item, with the next session's move:
Exhibits (2)
About TTM Technologies, Inc.
TTM Technologies, Inc. is a leading global provider of printed circuit boards (PCBs) and related electronic manufacturing solutions. Serving a diverse range of industries, TTM Technologies focuses on delivering high-quality, technologically advanced PCBs and solutions to sectors such as aerospace, defense, medical, industrial, networking, and automotive industries. These segments demand precision, reliability, and innovation, making the company's offerings integral to their operations. TTM Technologies' capability to offer a comprehensive range of PCB products, from standard to complex multilayer printed circuit assemblies, highlights its robust manufacturing expertise and market adaptability. The company stands out with its advanced engineering services, which enable the development of custom and prototypical designs tailored to specific client needs, thereby fostering innovation and efficiency in electronics manufacturing. With facilities strategically located across North America and Asia, TTM Technologies harnesses global footprints to meet timely delivery requirements, support quick-turn prototypes, and cater to high-volume production. This operational agility underlines its critical role within the supply chain, ensuring the seamless integration of electronic solutions across various high-tech applications worldwide.
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