---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-22-001236"
form_type: "8-K"
ticker: "GFF"
cik: "0000050725"
company_name: "GRIFFON CORP"
filed_at: "2022-06-29T23:59:59+00:00"
generated_at: "2026-06-24T22:29:04.777727+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Griffon completes sale of Telephonics to TTM for $330M; declares $2 special dividend, repays $300M debt

## Summary
- Sold Telephonics to TTM Technologies for $330M cash, subject to post-closing adjustments.
- Declared special dividend of $2.00 per share, payable July 20, 2022 to holders of record July 8, 2022.
- Prepaid $300M of $800M Term Loan B, permanently reducing outstanding facility.
- Total FY2022 dividends through July 20 will be $2.27 per share (including three $0.09 quarterly dividends).
- Funding from Telephonics sale proceeds and free cash flow.

## SEC filing metadata
- accession: 0000930413-22-001236
- form_type: 8-K
- ticker: GFF
- cik: 0000050725
- company_name: GRIFFON CORP
- filed_at: 2022-06-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50725/000093041322001236/0000930413-22-001236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50725/000093041322001236/c104032_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-22-001236
- JSON: https://secwatch.observer/filing/0000930413-22-001236.json
- Plain text: https://secwatch.observer/filing/0000930413-22-001236.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.