Strattec Announces $40M Share Buyback, Over 12% of Market Cap
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Automotive Stocks · Consumer
Sentiment
Positive
Importance
8
Price
$75.06
Mkt Cap
$313.661M
52W Low
$51.77
52W High
$92.5
52W Position
45% above low
Off High
19% below high
Rel. Volume
1.3× avg
Market data snapshot near publication time
STRT sits 45% above its 52-week low of $51.77.
Summary
Strattec Security Corp announced a new $40 million share repurchase program. This is a significant capital allocation, representing over 12% of the company's current market capitalization. The move signals management's confidence in the company's valuation and its commitment to returning capital to shareholders, especially following a recent mixed Q3 earnings report.
At the time of this announcement, STRT was trading at $75.06 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $313.7M. The 52-week trading range was $51.77 to $92.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.
Price Chart
STRT - Latest Insights
STRT
May 28, 2026, 4:15 PM EDT
Price at Filing:
$79.22
Real-time Price:
$78.28
Change:
-$0.940 (-1%)
Market Cap:
$327.116M
STRT
May 28, 2026, 8:00 AM EDT
Price at Filing:
$75.06
Real-time Price:
$78.28
Change:
+$3.22 (+4%)
Market Cap:
$327.116M
STRT
May 08, 2026, 1:45 PM EDT
Price at Filing:
$60.80
Real-time Price:
$78.28
Change:
+$17.48 (+29%)
Market Cap:
$327.116M
STRT
May 07, 2026, 5:14 PM EDT
Price at Filing:
$74.56
Real-time Price:
$78.28
Change:
+$3.72 (+5%)
Market Cap:
$327.116M
STRT
May 07, 2026, 4:51 PM EDT
Price at Filing:
$74.56
Real-time Price:
$78.28
Change:
+$3.72 (+5%)
Market Cap:
$327.116M
STRT
Feb 05, 2026, 4:30 PM EST
Price at Filing:
$86.24
Real-time Price:
$78.28
Change:
-$7.95 (-9%)
Market Cap:
$327.116M