other material
confidence high
sentiment positive
materiality 0.60
Curtiss-Wright boosts buyback authorization by $300M and raises dividend 5% to $0.21
CURTISS WRIGHT CORP
- Board authorized $300M share repurchase increase, total available authorization now $400M.
- Quarterly dividend raised 5% to $0.21 per share, payable July 5, 2024 to holders of record June 17, 2024.
- Company expects to repurchase at least $50M in shares in 2024 via 10b5-1 program to offset dilution.
- Since 2021, Curtiss-Wright has returned over $450M through share repurchases.