Curtiss-Wright expanded its share repurchase authorization by $510 million, lifting the total available program to $700 million from $190 million previously. The company said it will immediately repurchase an additional $100 million of stock through a 10b5-1 program.
The company also declared a quarterly dividend of $0.26 per share, payable Oct. 9, 2026, to stockholders of record on Sept. 25, 2026.
The latest move follows a series of buyback increases in August, when Curtiss-Wright added two separate $100 million expansions to its 2026 repurchase program and another $100 million in conditional repurchases. It is also continuing a $60 million repurchase program launched in January 2026 to offset potential dilution from compensation plans, which it expects to finish this year.
Curtiss-Wright said that once these programs are completed, annual share repurchases are expected to total $460 million in 2026, slightly below last year’s record $466 million buyback. Since 2021, the company said it has returned more than $1.5 billion to shareholders through share repurchases.
After the newly announced authorization, Curtiss-Wright said it will enter 2027 with $600 million of remaining open repurchase capacity. Today the company's shares have moved -1.32% to a price of $551.535. Check out the company's full 8-K submission here.
