other material
confidence high
sentiment positive
materiality 0.70
Curtiss-Wright expands 2024 share repurchase by $100M, raises 2025 annual plan to $60M
CURTISS WRIGHT CORP
- New $100M 10b5-1 share repurchase program to be executed by Dec 31, 2024, bringing total 2024 buybacks to $250M.
- Annual 2025 share repurchase plan increased to $60M from $50M to offset dilution from compensation plans.
- After this plan, $140M remains under current repurchase authorization from $240M total.
- CEO Lynn Bamford cites healthy balance sheet, strong growth in profitability and free cash flow as enablers.