• Strattec authorized a new share repurchase program for up to USD 40 million of common stock.
• No fixed expiration date; board can modify, suspend, or terminate the program at any time.
• Prior buyback program launched in 1996 was terminated; 110,269 shares repurchased at an average USD 67.10 in fiscal Q4.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strattec Security Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260528512649) on May 28, 2026, and is solely responsible for the information contained therein.