-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SSRgGhKX9HSkGHSyzfm+hH8qDYwuAVZIGpqB8SmTfFLenWgl2iHEdBhmzD2aBMtd gS9SHqCfTUhSuhC4wFd9Dw== 0000026058-05-000028.txt : 20051108 0000026058-05-000028.hdr.sgml : 20051108 20051108143054 ACCESSION NUMBER: 0000026058-05-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051108 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051108 DATE AS OF CHANGE: 20051108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CTS CORP CENTRAL INDEX KEY: 0000026058 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 350225010 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04639 FILM NUMBER: 051185890 BUSINESS ADDRESS: STREET 1: 905 WEST BOULEVARD NORTH CITY: ELKHART STATE: IN ZIP: 46514 BUSINESS PHONE: 5742937511 MAIL ADDRESS: STREET 1: 905 W BLVD NORTH CITY: ELKHART STATE: IN ZIP: 46514 8-K 1 form8-k.htm FORM 8_K 11-08-05 Form 8_k 11-08-05
 


 
 
 

 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 

 

FORM 8-K
 

 

 
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
 
Date of Filing (Date of Report and Earliest Event Reported): November 8, 2005
 
(November 2, 2005)
 

 

CTS CORPORATION
(Exact Name of Company as Specified in Its Charter)
 
 

 
Indiana
1-4639
35-0225010
(State or Other Jurisdiction of Incorporation)
(Commission File Numbers)
(I.R.S. Employer Identification Nos.)
     
905 West Boulevard North
   
Elkhart, Indiana
 
46514
(Address of Principal Executive Offices)
 
(Zip Code)

Company’s Telephone Number, Including Area Code: (574) 293-7511
 
 

(Forrmer Name or Former Address, if Changed Since Last Report)
 
 
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
 
q  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
q  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
q  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
q  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 




 
Item 8.01 Other Events

On November 2, 2005, CTS Corporation issued a press release announcing that the Board of Directors had authorized a program for the repurchase of up to 1 million shares of its outstanding shares of common stock. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.
 

Item 9.01 Financial Statements and Exhibits.
 
(a)  
Financial Statements of Business Acquired.
                Not applicable.
 
(b)  
Pro Forma Financial Information.
Not applicable.
 
(c)  
Exhibits.
 
 
The following exhibits are filed with this report:
 
Exhibit No.      Exhibit Description
            99.1       Press Release dated November 2, 2005
 

 

 
SIGNATURES
 

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
CTS CORPORATION


 /s/ Richard G. Cutter III
By: Richard G. Cutter III
Vice President, General Counsel
and Secretary

Date: November 8, 2005
 



EXHIBIT INDEX
 
 
Exhibit No.
Exhibit Description
99.1
 
Press Release dated November 2, 2005
 

 


 

 

 
EX-99.1 2 ex99_1.htm EX 99.1 Ex 99.1
newsrelease

CTS CORPORATION Elkhart, Indiana 46514  (574) 293-7511


November 2, 2005

FOR RELEASE: Immediately


CTS Corporation Authorizes Buyback Of Up To One Million
Shares of Company Stock

Elkhart, IN,…CTS Corporation (NYSE:CTS) announced today that its Board of Directors authorized the repurchase of up to one million shares of its outstanding shares of common stock, for cash, in the open market on the New York Stock Exchange or in privately negotiated transactions. The one million shares would represent approximately three percent of the Company’s 36 million outstanding shares of common stock. The previously authorized one million share repurchase program dated July 9, 2004 was completed earlier this quarter.
 
The purchases will be made from generally available funds of the Company. The amount, timing and price of purchases will depend on market conditions and other factors.


About CTS
CTS is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, computer, communications, medical and industrial markets. CTS manufactures products in North America, Europe and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.” To find out more, visit the CTS Web site at www.ctscorp.com.

Safe Harbor Statement
This press release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the business and strategic benefits of the SMTEK acquisition, any financial or other guidance, and all statements that are not based on historical fact, but rather reflect our current expectations concerning future results and events. We make certain assumptions when making forward-looking statements, any of which could prove inaccurate, including, but not limited to, statements about our future operating results and business plans. The ultimate correctness of these forward-looking statements is dependent upon a number of known and unknown risks and events, and is subject to various uncertainties and other factors that may cause our actual results, performance, or achievements to be different from any future results, performance, or achievements expressed or implied by these statements.

For more detailed information on the risks and uncertainties associated with CTS' business activities, see our reports filed with the SEC. CTS undertakes no obligation to publicly update its forward-looking statements, whether as a result of market or industry changes, new information or future events.

Contact:  Vinod M. Khilnani, Senior Vice President and Chief Financial Officer, or
Mitchell J. Walorski, Director of Investor Relations
CTS Corporation, 905 West Boulevard North, Elkhart, IN 46514
Telephone (574) 293-7511 FAX (574) 293-6146   
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