TriMas increased its share repurchase authorization to $150 million, adding to the $65.4 million remaining under the prior authorization. The board’s decision expands the company’s ability to buy back shares, signaling confidence in its cash‑generating capacity.
The move follows TriMas’ Q3 2025 results, in which the company posted earnings per share of $0.61 versus consensus of $0.56 and revenue of $269.26 million versus $262.05 million expected. The earnings beat was driven by higher margins in the Packaging and Specialty Products segments and disciplined cost management, while the revenue beat reflected robust demand in core packaging markets and a favorable mix shift toward higher‑margin specialty products.
TriMas is also in the process of selling its Aerospace segment for approximately $1.45 billion, a transaction that will free up capital and reduce the company’s revenue base but provides a strategic focus on its core packaging and specialty businesses. Management expects the proceeds to support share repurchases, potential acquisitions, and continued investment in growth initiatives.
"While market factors influence our equity market valuation, we believe our current stock price does not fully reflect the underlying value and growth potential of our businesses," said President and CEO Thomas Snyder. The board’s authorization increase aligns with TriMas’ broader capital‑allocation strategy, which includes dividends, buybacks, and bolt‑on acquisitions, and reflects confidence that the company can generate sufficient cash flow to fund returns to shareholders while maintaining investment in high‑return opportunities.
The company’s full‑year 2025 guidance was raised to an adjusted EPS range of $2.02–$2.12, up from the prior $1.90–$2.00 range, indicating optimism about future profitability. The guidance increase follows the strong Q3 performance and the expected cash‑flow benefits from the Aerospace divestiture, which are expected to support continued earnings growth and shareholder returns.
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