Buyback Radar
Company reports

CTS

CTS

CTS has retired 22.3% of its shares since 2004, from 36,734,828 to 28,556,195.

22.3%retired since 2004
11.4%last 5 years
1.7%last 12 months
29Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
37M shares, 200429M200020052010201520202025
1999, 24,926,3212026-07-21, 28,556,195

Early years use the fiscal-year average share count from the 10-K.

A share bought in 2001
1.2× more of CTS today, without buying another share. It was one of 33,053,386 shares then. It is one of 28,556,195 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-03-2224,926,32110-Kcover page
20002001-03-0827,783,04910-Kcover page
20012002-03-1433,053,38610-Kcover page
20022003-02-1134,111,81010-Kcover page
20032003-06-2736,071,50910-Kcover page
20042004-06-2536,734,82810-Kcover page
20052005-07-0135,877,63510-Kcover page
20062006-07-0235,884,26510-Kcover page
20072007-07-0133,735,41910-Kcover page
20082008-06-2933,747,76310-Kcover page
20092009-06-2633,968,08110-Kcover page
20102010-12-3134,090,00010-Kfiscal-year average
20112012-02-2034,198,88910-K
20122013-02-1433,610,80610-K
20132014-02-2733,715,69310-K
20142015-02-1833,443,28610-K
20152016-02-1932,575,15410-K
20162017-02-2132,762,49410-K
20172018-02-2032,938,46610-K
20182018-12-3132,750,72710-K
20192020-02-1832,433,39110-K
20202021-02-1932,348,38310-K
20212022-02-2232,152,36710-K
20222023-02-1731,668,02510-K
20232024-02-1630,789,09910-K
20242025-02-2130,041,31110-K
20252026-02-1728,695,71010-K

Source: all 10-K filings of CTS on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, fiscal 2011 to 2025cash flow statement against share count
$245Mspent on buybacks
5.4Mfewer shares outstanding
$27average price paid per share bought back
3.6%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $54.95.

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CTS buybacks, answered

Is CTS buying back its stock?

Yes. CTS has 1.7% fewer shares outstanding than twelve months ago, 28,556,195 as of July 21, 2026. Over five years the share count is down 11.4%.

How many shares has CTS bought back?

Net of every new share it issued, CTS has 8.2 million fewer shares than at its 2004 peak. That is 22.3% of the company. Since fiscal 2011 alone it bought back about 9.2 million shares, while the count fell by 5.6 million. The difference went to employees and other new shares.

How many shares does CTS have outstanding?

28,556,195 shares, as of July 21, 2026, from the cover page of its latest 10-Q. At the 2004 peak it had 36,734,828.

What do CTS's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held CTS stock in 2004 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does CTS compare with other cannibal stocks?

CTS ranks No. 348 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Jackson Financial (22.5%), BWX Technologies (22.5%), General Electric (22.2%), Acushnet (22.2%).

Every answer is computed from CTS's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Chuck RoyceRoyce & Associates297,648 shares, $19.4M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like CTS in depth on Cannibal Stocks.

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