Curtiss-Wright Corporation (NYSE: CW) has announced a substantial increase in its 2025 share repurchase program, which now stands at a total of $200 million. This expansion is expected to result in record annual share repurchases exceeding $450 million in 2025. The company is also declaring a quarterly dividend of $0.24 per share for its common stock, payable on October 10, 2025, to stockholders of record as of September 26, 2025.
The company had previously initiated a $60 million share repurchase program in January 2025, which is anticipated to be completed this year. Following the completion of both the existing and expanded repurchase programs, the company will still have an open repurchase authorization of $134 million.
Lynn M. Bamford, the chair and CEO of Curtiss-Wright Corporation, expressed the company's commitment to long-term value creation and its confidence in the pivot to growth strategy, healthy balance sheet, and long-term financial outlook. The company will immediately repurchase $200 million in additional shares through a 10b5-1 program under the new expansion.
Curtiss-Wright Corporation, a global integrated business catering to aerospace & defense markets and critical technologies in commercial nuclear power, process, and industrial markets, is leveraging its highly skilled workforce of approximately 9,000 employees to provide engineered solutions to its markets. Today the company's shares have moved 2.78% to a price of $509.24. If you want to know more, read the company's complete 8-K report here.
