Dover enters $500M accelerated share repurchase with Bank of America

DOVER Corp

$500 million ASR established on Aug 31, 2022; initial shares (substantial majority) delivered Sept 1, 2022.
Program funded with commercial paper; final settlement expected by end of Q4 2022.
Repurchases under existing board authorization of up to 20 million shares (Nov 2020).
Final number of shares based on VWAP less discount, subject to adjustments.

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