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14.05.25 - 14:06
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Curtiss-Wright Announces $400 Million Increase in Share Repurchase Authorization and 14% Dividend Increase to $0.24 Per Share for Common Stock (Business Wire)
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DAVIDSON, N.C.--(BUSINESS WIRE)--$CW #CurtissWright--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors has authorized an additional $400 million for future share repurchases, increasing the total available authorization to $534 million, and declared a 14% increase in the quarterly dividend to twenty-four cents ($0.24) per share, payable July 7, 2025, to stockholders of record as of June 16, 2025.
“Under our disciplined capital allocation strategy, we believe in providing consistent returns to our shareholders through ongoing share repurchases and are committed to steadily increasing our dividend in alignment with our long-term sales growth,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “These recent increases reflect our Board of Directors' continued confidence in the Company's efficient capital structure and our ability to consistently deliver solid free cash flow. Overall, we remain dedicated to pursuing strategic acquisitions as an accelerat...
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