---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-455736"
form_type: "8-K"
ticker: "GGG"
cik: "0000042888"
company_name: "GRACO INC"
filed_at: "2026-11-10T22:13:39+00:00"
generated_at: "2026-11-10T22:16:04.422521+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Graco signs $600M accelerated share repurchase with Bank of America, about 5% of shares outstanding

## Summary
- $600M upfront payment to Bank of America, N.A. on Nov. 11, 2026; initial delivery of ~6.9M shares, ~80% of $600M divided by the Nov. 10 closing price.
- ASR equals roughly 5% of Graco's outstanding shares; funded with cash on hand plus borrowings under the existing revolving credit facility.
- Final share count set at settlement on the volume-weighted average price less a discount; settlement slated for March 2027, may finish earlier at Bank of America's election.
- ~17M shares remained available under the current buyback authorization as of Nov. 10, 2026, after the Dec. 2025 board authorization of up to 15M shares.
- CEO Mark Sheahan said shares 'represent an attractive investment at current levels' and the ASR preserves flexibility for organic growth and acquisitions.

## SEC filing metadata
- accession: 0001193125-26-455736
- form_type: 8-K
- ticker: GGG
- cik: 0000042888
- company_name: GRACO INC
- filed_at: 2026-11-10T22:13:39+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42888/000119312526455736/0001193125-26-455736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42888/000119312526455736/d125383d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-455736
- JSON: https://secwatch.observer/filing/0001193125-26-455736.json
- Plain text: https://secwatch.observer/filing/0001193125-26-455736.txt

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