Core Molding Technologies Authorizes Substantial Increase to Stock Repurchase Program

Key Points for Investors

• Stock Repurchase Program Increased: The Board of Directors of Core Molding Technologies, Inc. (“the Company”) has approved an increase to its existing stock repurchase program, authorizing the Company to repurchase up to an additional approximately \$6,500,000 of its outstanding shares of common stock.
• Total Repurchase Authority: With this new authorization, the total repurchase authority under the program is now \$7,500,000.
• Current Outstanding Authorization: Prior to this announcement, there was approximately \$1,000,000 of remaining repurchase authority under the previous program.
• Method and Discretion: Repurchases will be conducted in the open market and in accordance with applicable securities laws. The program does not obligate the Company to buy any particular amount of stock and may be suspended or terminated at any time at the Company’s discretion.
• Potential Impact: This action represents a significant commitment to returning capital to shareholders and may positively impact the market value of the Company’s shares.

Details for Shareholders

On March 11, 2026, Core Molding Technologies, Inc. announced via press release that its Board of Directors has authorized a substantial increase to the Company’s existing stock repurchase program. This new authorization adds approximately \$6.5 million to the repurchase capacity, bringing the total available for share repurchases to \$7.5 million.

As of the date of the announcement, about \$1 million of the previous repurchase authority remained unused. The expanded program allows the Company to repurchase its outstanding common shares on the open market, following applicable securities regulations.

Why is this important for shareholders? Stock repurchase programs are often viewed positively by investors as they can:

• Demonstrate management’s confidence in the Company’s value and future prospects.
• Potentially increase earnings per share (EPS) by reducing the number of shares outstanding.
• Support the stock price, especially during periods of market weakness.

However, it is important to note that the Company is under no obligation to repurchase any specific amount of shares, and the program may be adjusted, suspended, or terminated at any time. The decision to expand the share repurchase program is at the discretion of the Board and management, reflecting their assessment of the Company’s financial position, future prospects, and market conditions.

The press release also includes the standard cautionary note regarding forward-looking statements, highlighting risks such as dependency on major customers, macroeconomic and industry conditions, raw material prices, business expansion efforts, and other operational risks. The Company does not undertake to update forward-looking statements unless required by law.

Additional Company Information

• Trading Symbol: CMT
• Exchange: NYSE American LLC
• Contact specifically for this release:
  • Alex Panda, Executive Vice President & Chief Financial Officer ([email protected])
  • Investor Relations: Three Part Advisors, LLC – Sandy Martin or Steven Hooser, 214-616-2207

Potential Share Price Impact

This announcement is highly relevant for shareholders and could be price sensitive. A significant increase to the repurchase program signals management’s confidence in the Company’s financial strength and long-term prospects. Large-scale repurchases can lead to an increase in the Company’s stock price by reducing supply, increasing EPS, and showing commitment to shareholder returns. Investors should monitor trading activity and future Company disclosures for further developments or repurchase execution updates.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Readers should conduct their own due diligence and consult with their financial advisor before making investment decisions. The information is based on the Company’s SEC filings and press releases as of March 11, 2026. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied. The Company undertakes no obligation to update these statements unless required by law.

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