Curtiss-Wright Announces New $100 Million Expansion of 2024 Share Repurchase Program and Raises Minimum Annual Repurchase Plan to $60 Million for 2025
Curtiss-Wright Corporation (CW)
Last curtiss-wright corporation earnings: 2/26 05:37 pm
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Source: Business Wire
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced a $100 million expansion of its 2024 share repurchase program, which it expects to complete via a 10b5-1 program by the end of the year. This program will be conducted in concurrence with the existing $50 million share repurchase program being executed this year, and follows the recent completion of a $100 million opportunistic program that was executed in the third quarter. As a result, the Company now expects annual share repurchases of $250 million in 2024.Beginning in January 2025, the Company also expects to repurchase $60 million in shares via a 10b5-1 program, an increase from the prior $50 million annual plan, which is expected to offset potential dilution from compensation plans.“We are pleased to announce this new $100 million expansion of our 2024 repurchase program and increase to our annual share buyback commitment,” said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss
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News
- Curtiss-Wright Announces New $100 Million Expansion of 2024 Share Repurchase Program and Raises Minimum Annual Repurchase Plan to $60 Million for 2025 [Yahoo! Finance]Yahoo! Finance
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CW
Earnings
- 10/30/24 - Beat
CW
Sec Filings
- 12/17/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 8-K
- CW's page on the SEC website