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TriMas Completes the Divestiture of TriMas Aerospace

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has completed the previously announced divestiture of the TriMas Aerospace business (“TriMas Aerospace”) to PennAero, a portfolio company of Tinicum L.P. and funds managed by Blackstone, Inc. The transaction, first disclosed on November 4, 2025, was completed for approximately $1.45 billion in cash, subject to customary post‑closing adjustments, with estimated net after-tax proceeds of approximately $1.2 bill.

TriMas Announces Increased Share Repurchase Authorization to $150 Million

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its Board of Directors has increased the Company's common stock share repurchase authorization to a total of up to $150 million, adding to the $48.9 million remaining under the previous authorization. During 2025, TriMas repurchased 3,124,866 shares of its outstanding common stock for $103.3 million, with more than three million shares repurchased since the announcement of the Aerospace divestiture. As of Decemb.

TriMas Reports Fourth Quarter and Full Year 2025 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2025. Summary ($ in millions, except per share amounts)       Twelve months ended December 31,     As Reported   Adjusted(1,2)       2025   2024   % Change     2025   2024 % Change                   Net sales                 TriMas Continuing Operations   $ 645.7 $ 630.8   2.4 %   $ 645.7 $ 630.8 2.4 % Aerospace - Discontinued Operations     39.

TriMas Declares Quarterly Dividend

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that its Board of Directors declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 6, 2026, to shareholders of record as of the close of business on February 27, 2026. About TriMas TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aer.