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Cooper-Standard has announced the adoption of a tax benefits preservation plan aimed at protecting its existing tax benefits and shareholder value.
The new plan is intended to help the company maximize the potential value of tax attributes such as net operating losses. Cooper-Standard stated this initiative is a proactive step to maintain financial flexibility and shield shareholders from potential adverse impacts that could arise if the company loses access to these tax assets.
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Earlier this year, Cooper-Standard introduced Auto-Lock quick connectors with latch indication to improve fluid system installations. The company was also recognized for its pioneering use of Santoprene TPV in automotive glass run channels, earning a 2026 SPE Automotive Hall of Fame award. These product and industry milestones demonstrate Cooper-Standard’s ongoing activity in the automotive sector.