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Stock impact report

Curtiss-Wright Announces $300 Million Increase in Share Repurchase Authorization to $400 Million and 5% Dividend Increase to $0.21 Per Share for Common Stock

Curtiss-Wright Corporation (CW) 
Last curtiss-wright corporation earnings: 2/26 05:37 pm Check Earnings Report
Company Research Source: Business Wire
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors has authorized an additional $300 million for future share repurchases, increasing the total available authorization to $400 million, and declared a 5% increase in the quarterly dividend to twenty-one cents ($0.21) per share, payable July 5, 2024 to stockholders of record as of June 17, 2024.“We believe in providing consistent returns to our shareholders through ongoing share repurchases and by steadily increasing our dividend in alignment with our long-term sales growth,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “These recent increases reflect our Board of Directors’ continued confidence in the Company's strong financial position and our ability to deliver solid free cash flow. Overall, we remain committed to a disciplined capital allocation strategy that consists of pursuing strategic acquisitions as an accelerator to organic growth, seekin Show less Read more
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