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05.05.26 - 23:06
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Snap-on Acquires Hi-Force Hydraulic Tools (Business Wire)
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Further Expands Product Capabilities and End-Market Coverage of Torque Offerings to Critical IndustriesKENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks, today announced that it acquired Hi-Force Group Holdings Ltd. (“Hi-Force”) for approximately $58 million in cash on April 30, 2026.
Based in Daventry, United Kingdom, Hi-Force designs and manufactures high-pressure hydraulic tools, heavy lifting systems, as well as torque and tensioning equipment. The acquisition of Hi-Force complements and expands Snap-on's offerings in the growing torque arena across a variety of industries including oil & gas, power generation, railways, mining, and heavy engineering. Hi-Force will be part of the company's Commercial & Industrial Group.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and ma...
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30.04.26 - 22:36
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Snap-on Incorporated Declares Quarterly Dividend; Announces $500 Million Share Repurchase Authorization (Business Wire)
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KENOSHA, Wis.--(BUSINESS WIRE)--The Snap-on Incorporated (NYSE: SNA) board of directors today declared a quarterly common stock dividend of $2.44 per share payable June 10, 2026, to shareholders of record at the close of business on May 20, 2026. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
Snap-on also announced today that its board of directors authorized a share repurchase program of up to $500 million of common stock, replacing the current share repurchase program under which, as of the end of the first quarter of 2026, approximately $230 million of authorization remained. An additional previously approved share repurchase program, which allows the repurchase of up to the number of shares issued under the company's various equity plans, remains in place. Shares may be repurchased from time to time in the open market or through privately negotiated transactions, subject to market conditions, legal requirements and other considerations.
“This n...
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23.04.26 - 13:06
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Snap-On Inc. Q1 Profit Rises (AFX)
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WASHINGTON (dpa-AFX) - Snap-On Inc. (SNA) released earnings for its first quarter that Increased, from last yearThe company's earnings totaled $247.0 million, or $4.69 per share. This compares wit......
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23.04.26 - 12:33
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Snap-on Announces First Quarter 2026 Results (Business Wire)
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Sales of $1,207.2 million up 5.8% from Q1 2025, organic sales up 3.4%;
Gross margin of 50.4%, including 40 basis points of unfavorable currency effects, compares to 50.7% last year;
Tools segment sales up 5.0% from a year ago, organic sales up 3.4%KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced operating results for the first quarter of 2026.
Net sales of $1,207.2 million in the first quarter of 2026 represented an increase of $66.1 million, or 5.8%, from 2025 levels, reflecting a $39.2 million, or 3.4%, organic sales gain and $26.9 million of favorable foreign currency translation.
Operating earnings before financial services for the quarter of $250.8 million compared to $243.1 million last year. As a percentage of net sales, operating earnings before financial services were 20.8% including 40 b...
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09.04.26 - 13:36
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Snap-on Incorporated to Webcast 2026 First Quarter Results Conference Call (Business Wire)
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KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA) will release 2026 first quarter results prior to the market open on Thursday, April 23, 2026. A conference call to discuss the results will be held at 10:00 a.m. ET on that day. The conference call audio and accompanying slides will be webcast live via the Internet.
To access the call, visit https://www.snapon.com/EN/Investors/Investor-Events and click on the link to the webcast. The quarterly release and slides that will accompany the call can be accessed under the Downloads tab in the webcast viewer, as well as on the Snap-on website, www.snapon.com. An archived replay will be available on the website for at least one week following the call.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources...
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